Gujarat Containers Balance Sheet Health
Financial Health criteria checks 5/6
Gujarat Containers has a total shareholder equity of ₹396.1M and total debt of ₹216.3M, which brings its debt-to-equity ratio to 54.6%. Its total assets and total liabilities are ₹670.5M and ₹274.4M respectively. Gujarat Containers's EBIT is ₹147.8M making its interest coverage ratio 9. It has cash and short-term investments of ₹221.0K.
Key information
54.6%
Debt to equity ratio
₹216.35m
Debt
Interest coverage ratio | 9x |
Cash | ₹221.00k |
Equity | ₹396.08m |
Total liabilities | ₹274.45m |
Total assets | ₹670.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513507's short term assets (₹419.7M) exceed its short term liabilities (₹265.4M).
Long Term Liabilities: 513507's short term assets (₹419.7M) exceed its long term liabilities (₹9.1M).
Debt to Equity History and Analysis
Debt Level: 513507's net debt to equity ratio (54.6%) is considered high.
Reducing Debt: 513507's debt to equity ratio has reduced from 223.9% to 54.6% over the past 5 years.
Debt Coverage: 513507's debt is well covered by operating cash flow (45.9%).
Interest Coverage: 513507's interest payments on its debt are well covered by EBIT (9x coverage).