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
There's No Escaping General Insurance Corporation of India's (NSE:GICRE) Muted Earnings Despite A 26% Share Price Rise
Dec 19
Improved Earnings Required Before General Insurance Corporation of India (NSE:GICRE) Shares Find Their Feet
Oct 31General 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 06Financial 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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 12:59 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
General Insurance Corporation of India is covered by 9 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Vijayaraghavan Swaminathan | Avendus Spark |
| Sanketh Godha | Avendus Spark |
| Abhishek Saraf | Deutsche Bank |