Gujarat Containers Balance Sheet Health
Financial Health criteria checks 5/6
Gujarat Containers has a total shareholder equity of ₹472.6M and total debt of ₹230.9M, which brings its debt-to-equity ratio to 48.9%. Its total assets and total liabilities are ₹780.2M and ₹307.7M respectively. Gujarat Containers's EBIT is ₹133.3M making its interest coverage ratio 9.3. It has cash and short-term investments of ₹34.1M.
Key information
48.9%
Debt to equity ratio
₹230.89m
Debt
| Interest coverage ratio | 9.3x |
| Cash | ₹34.11m |
| Equity | ₹472.56m |
| Total liabilities | ₹307.67m |
| Total assets | ₹780.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513507's short term assets (₹504.9M) exceed its short term liabilities (₹285.3M).
Long Term Liabilities: 513507's short term assets (₹504.9M) exceed its long term liabilities (₹22.3M).
Debt to Equity History and Analysis
Debt Level: 513507's net debt to equity ratio (41.6%) is considered high.
Reducing Debt: 513507's debt to equity ratio has reduced from 186.6% to 48.9% over the past 5 years.
Debt Coverage: 513507's debt is well covered by operating cash flow (39.3%).
Interest Coverage: 513507's interest payments on its debt are well covered by EBIT (9.3x coverage).