Elegant Marbles and Grani Industries Balance Sheet Health
Financial Health criteria checks 6/6
Elegant Marbles and Grani Industries has a total shareholder equity of ₹1.4B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹1.5B and ₹81.8M respectively. Elegant Marbles and Grani Industries's EBIT is ₹62.7M making its interest coverage ratio -3.7. It has cash and short-term investments of ₹48.4M.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | -3.7x |
Cash | ₹48.44m |
Equity | ₹1.41b |
Total liabilities | ₹81.79m |
Total assets | ₹1.49b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526705's short term assets (₹316.7M) exceed its short term liabilities (₹72.8M).
Long Term Liabilities: 526705's short term assets (₹316.7M) exceed its long term liabilities (₹9.0M).
Debt to Equity History and Analysis
Debt Level: 526705 is debt free.
Reducing Debt: 526705 had no debt 5 years ago.
Debt Coverage: 526705 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 526705 has no debt, therefore coverage of interest payments is not a concern.