Gujarat State Fertilizers & Chemicals Balance Sheet Health
Financial Health criteria checks 5/6
Gujarat State Fertilizers & Chemicals has a total shareholder equity of ₹134.2B and total debt of ₹984.7M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are ₹158.9B and ₹24.7B respectively. Gujarat State Fertilizers & Chemicals's EBIT is ₹4.1B making its interest coverage ratio -1.4. It has cash and short-term investments of ₹23.7B.
Key information
0.7%
Debt to equity ratio
₹984.70m
Debt
| Interest coverage ratio | -1.4x |
| Cash | ₹23.74b |
| Equity | ₹134.21b |
| Total liabilities | ₹24.67b |
| Total assets | ₹158.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500690's short term assets (₹57.1B) exceed its short term liabilities (₹13.5B).
Long Term Liabilities: 500690's short term assets (₹57.1B) exceed its long term liabilities (₹11.2B).
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 21.1% to 0.7% over the past 5 years.
Debt Coverage: 500690's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 500690 earns more interest than it pays, so coverage of interest payments is not a concern.