Gandhi Special Tubes Balance Sheet Health
Financial Health criteria checks 5/6
Gandhi Special Tubes has a total shareholder equity of ₹2.0B and total debt of ₹2.9M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are ₹2.2B and ₹216.2M respectively. Gandhi Special Tubes's EBIT is ₹581.6M making its interest coverage ratio -34.9. It has cash and short-term investments of ₹530.9M.
Key information
0.1%
Debt to equity ratio
₹2.86m
Debt
Interest coverage ratio | -34.9x |
Cash | ₹530.91m |
Equity | ₹1.97b |
Total liabilities | ₹216.16m |
Total assets | ₹2.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513108's short term assets (₹1.1B) exceed its short term liabilities (₹125.6M).
Long Term Liabilities: 513108's short term assets (₹1.1B) exceed its long term liabilities (₹90.5M).
Debt to Equity History and Analysis
Debt Level: 513108 has more cash than its total debt.
Reducing Debt: 513108's debt to equity ratio has increased from 0% to 0.1% over the past 5 years.
Debt Coverage: 513108's debt is well covered by operating cash flow (14187.5%).
Interest Coverage: 513108 earns more interest than it pays, so coverage of interest payments is not a concern.