Go Digit General Insurance Balance Sheet Health
Financial Health criteria checks 4/6
Go Digit General Insurance has a total shareholder equity of ₹46.7B and total debt of ₹3.5B, which brings its debt-to-equity ratio to 7.5%. Its total assets and total liabilities are ₹206.2B and ₹159.5B respectively. Go Digit General Insurance's EBIT is ₹3.3B making its interest coverage ratio 8.3. It has cash and short-term investments of ₹1.4B.
Key information
7.5%
Debt to equity ratio
₹3.50b
Debt
| Interest coverage ratio | 8.3x |
| Cash | ₹1.43b |
| Equity | ₹46.66b |
| Total liabilities | ₹159.50b |
| Total assets | ₹206.17b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: GODIGIT's short term assets (₹15.6B) do not cover its short term liabilities (₹156.0B).
Long Term Liabilities: GODIGIT's short term assets (₹15.6B) exceed its long term liabilities (₹3.5B).
Debt to Equity History and Analysis
Debt Level: GODIGIT's net debt to equity ratio (4.4%) is considered satisfactory.
Reducing Debt: GODIGIT's debt to equity ratio has increased from 0% to 7.5% over the past 5 years.
Debt Coverage: GODIGIT's debt is well covered by operating cash flow (484.8%).
Interest Coverage: GODIGIT's interest payments on its debt are well covered by EBIT (8.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 20:07 |
| 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
Go Digit General Insurance Limited is covered by 10 analysts. 8 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 |
|---|---|
| Supratim Datta | Ambit Capital |
| Vijayaraghavan Swaminathan | Avendus Spark |
| Sanketh Godha | Avendus Spark |