Ganesh Benzoplast Balance Sheet Health
Financial Health criteria checks 6/6
Ganesh Benzoplast has a total shareholder equity of ₹4.2B and total debt of ₹578.2M, which brings its debt-to-equity ratio to 13.9%. Its total assets and total liabilities are ₹5.9B and ₹1.7B respectively. Ganesh Benzoplast's EBIT is ₹785.1M making its interest coverage ratio -19.4. It has cash and short-term investments of ₹358.8M.
Key information
13.9%
Debt to equity ratio
₹578.19m
Debt
Interest coverage ratio | -19.4x |
Cash | ₹358.77m |
Equity | ₹4.15b |
Total liabilities | ₹1.74b |
Total assets | ₹5.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500153's short term assets (₹1.4B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: 500153's short term assets (₹1.4B) exceed its long term liabilities (₹686.4M).
Debt to Equity History and Analysis
Debt Level: 500153's net debt to equity ratio (5.3%) is considered satisfactory.
Reducing Debt: 500153's debt to equity ratio has reduced from 75.9% to 13.9% over the past 5 years.
Debt Coverage: 500153's debt is well covered by operating cash flow (117.7%).
Interest Coverage: 500153 earns more interest than it pays, so coverage of interest payments is not a concern.