General Insurance Corporation of India Balance Sheet Health
Financial Health criteria checks 5/6
General Insurance of India has a total shareholder equity of ₹955.8B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹2,014.7B and ₹1,058.9B respectively. General Insurance of India's EBIT is ₹89.4B making its interest coverage ratio 106.6. It has cash and short-term investments of ₹255.8B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 106.6x |
| Cash | ₹255.77b |
| Equity | ₹955.82b |
| Total liabilities | ₹1.06t |
| Total assets | ₹2.01t |
Recent financial health updates
No updates
Recent updates
Improved Earnings Required Before General Insurance Corporation of India (NSE:GICRE) Shares Find Their Feet
Oct 31
General Insurance Corporation of India's (NSE:GICRE) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 02Insufficient Growth At General Insurance Corporation of India (NSE:GICRE) Hampers Share Price
May 22Here's Why We Think General Insurance Corporation of India (NSE:GICRE) Might Deserve Your Attention Today
Apr 15There's No Escaping General Insurance Corporation of India's (NSE:GICRE) Muted Earnings Despite A 30% Share Price Rise
Feb 06General Insurance Corporation of India's (NSE:GICRE) Business And Shares Still Trailing The Market
Dec 20Here's Why General Insurance Corporation of India (NSE:GICRE) Has Caught The Eye Of Investors
Oct 25Why We Think Shareholders May Be Considering Bumping Up General Insurance Corporation of India's (NSE:GICRE) CEO Compensation
Sep 20General Insurance Corporation of India's (NSE:GICRE) Stock Price Has Reduced 65% In The Past Three Years
Dec 21Financial Position Analysis
Short Term Liabilities: GICRE's short term assets (₹524.7B) do not cover its short term liabilities (₹1,058.9B).
Long Term Liabilities: GICRE's short term assets (₹524.7B) exceed its long term liabilities (₹600.0K).
Debt to Equity History and Analysis
Debt Level: GICRE is debt free.
Reducing Debt: GICRE has not had any debt for past 5 years.
Debt Coverage: GICRE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GICRE has no debt, therefore coverage of interest payments is not a concern.