Gujarat State Fertilizers & Chemicals Balance Sheet Health
Financial Health criteria checks 6/6
Gujarat State Fertilizers & Chemicals has a total shareholder equity of ₹123.5B and total debt of ₹23.4M, which brings its debt-to-equity ratio to 0.02%. Its total assets and total liabilities are ₹147.0B and ₹23.6B respectively. Gujarat State Fertilizers & Chemicals's EBIT is ₹6.6B making its interest coverage ratio -5.7. It has cash and short-term investments of ₹24.2B.
Key information
0.02%
Debt to equity ratio
₹23.40m
Debt
Interest coverage ratio | -5.7x |
Cash | ₹24.19b |
Equity | ₹123.45b |
Total liabilities | ₹23.57b |
Total assets | ₹147.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500690's short term assets (₹57.7B) exceed its short term liabilities (₹15.6B).
Long Term Liabilities: 500690's short term assets (₹57.7B) exceed its long term liabilities (₹8.0B).
Debt to Equity History and Analysis
Debt Level: 500690 has more cash than its total debt.
Reducing Debt: 500690's debt to equity ratio has reduced from 14.7% to 0.02% over the past 5 years.
Debt Coverage: 500690's debt is well covered by operating cash flow (48504.8%).
Interest Coverage: 500690 earns more interest than it pays, so coverage of interest payments is not a concern.