Grasim Industries Balance Sheet Health
Financial Health criteria checks 0/6
Grasim Industries has a total shareholder equity of ₹1,308.9B and total debt of ₹1,219.3B, which brings its debt-to-equity ratio to 93.2%. Its total assets and total liabilities are ₹3,715.7B and ₹2,406.8B respectively. Grasim Industries's EBIT is ₹205.8B making its interest coverage ratio 2.6. It has cash and short-term investments of ₹185.7B.
Key information
93.2%
Debt to equity ratio
₹1.22t
Debt
Interest coverage ratio | 2.6x |
Cash | ₹185.66b |
Equity | ₹1.31t |
Total liabilities | ₹2.41t |
Total assets | ₹3.72t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500300's short term assets (₹774.3B) do not cover its short term liabilities (₹775.6B).
Long Term Liabilities: 500300's short term assets (₹774.3B) do not cover its long term liabilities (₹1,631.2B).
Debt to Equity History and Analysis
Debt Level: 500300's net debt to equity ratio (79%) is considered high.
Reducing Debt: 500300's debt to equity ratio has increased from 88.8% to 93.2% over the past 5 years.
Debt Coverage: 500300's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 500300's interest payments on its debt are not well covered by EBIT (2.6x coverage).