Ganesh Benzoplast Balance Sheet Health
Financial Health criteria checks 6/6
Ganesh Benzoplast has a total shareholder equity of ₹5.4B and total debt of ₹165.2M, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are ₹7.0B and ₹1.6B respectively. Ganesh Benzoplast's EBIT is ₹729.4M making its interest coverage ratio -14.5. It has cash and short-term investments of ₹861.4M.
Key information
3.1%
Debt to equity ratio
₹165.15m
Debt
| Interest coverage ratio | -14.5x |
| Cash | ₹861.35m |
| Equity | ₹5.40b |
| Total liabilities | ₹1.63b |
| Total assets | ₹7.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500153's short term assets (₹2.0B) exceed its short term liabilities (₹926.0M).
Long Term Liabilities: 500153's short term assets (₹2.0B) exceed its long term liabilities (₹703.2M).
Debt to Equity History and Analysis
Debt Level: 500153 has more cash than its total debt.
Reducing Debt: 500153's debt to equity ratio has reduced from 57.1% to 3.1% over the past 5 years.
Debt Coverage: 500153's debt is well covered by operating cash flow (248%).
Interest Coverage: 500153 earns more interest than it pays, so coverage of interest payments is not a concern.