Gujarat Narmada Valley Fertilizers & Chemicals Balance Sheet Health
Financial Health criteria checks 6/6
Gujarat Narmada Valley Fertilizers & Chemicals has a total shareholder equity of ₹88.3B and total debt of ₹1.7B, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are ₹120.0B and ₹31.7B respectively. Gujarat Narmada Valley Fertilizers & Chemicals's EBIT is ₹5.5B making its interest coverage ratio -2.3. It has cash and short-term investments of ₹34.4B.
Key information
2.0%
Debt to equity ratio
₹1.73b
Debt
Interest coverage ratio | -2.3x |
Cash | ₹34.35b |
Equity | ₹88.29b |
Total liabilities | ₹31.68b |
Total assets | ₹119.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500670's short term assets (₹55.2B) exceed its short term liabilities (₹19.4B).
Long Term Liabilities: 500670's short term assets (₹55.2B) exceed its long term liabilities (₹12.3B).
Debt to Equity History and Analysis
Debt Level: 500670 has more cash than its total debt.
Reducing Debt: 500670's debt to equity ratio has reduced from 4.7% to 2% over the past 5 years.
Debt Coverage: 500670's debt is well covered by operating cash flow (950.9%).
Interest Coverage: 500670 earns more interest than it pays, so coverage of interest payments is not a concern.