Goa Carbon Balance Sheet Health
Financial Health criteria checks 3/6
Goa Carbon has a total shareholder equity of ₹2.3B and total debt of ₹2.6B, which brings its debt-to-equity ratio to 113.5%. Its total assets and total liabilities are ₹5.3B and ₹2.9B respectively. Goa Carbon's EBIT is ₹528.6M making its interest coverage ratio 16.5. It has cash and short-term investments of ₹1.5B.
Key information
113.5%
Debt to equity ratio
₹2.64b
Debt
| Interest coverage ratio | 16.5x |
| Cash | ₹1.48b |
| Equity | ₹2.32b |
| Total liabilities | ₹2.93b |
| Total assets | ₹5.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 509567's short term assets (₹4.7B) exceed its short term liabilities (₹2.9B).
Long Term Liabilities: 509567's short term assets (₹4.7B) exceed its long term liabilities (₹42.6M).
Debt to Equity History and Analysis
Debt Level: 509567's net debt to equity ratio (49.8%) is considered high.
Reducing Debt: 509567's debt to equity ratio has increased from 0% to 113.5% over the past 5 years.
Debt Coverage: 509567's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 509567's interest payments on its debt are well covered by EBIT (16.5x coverage).