Gujarat Craft Industries Balance Sheet Health
Financial Health criteria checks 3/6
Gujarat Craft Industries has a total shareholder equity of ₹600.7M and total debt of ₹498.7M, which brings its debt-to-equity ratio to 83%. Its total assets and total liabilities are ₹1.4B and ₹789.4M respectively. Gujarat Craft Industries's EBIT is ₹80.4M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹14.8M.
Key information
83.0%
Debt to equity ratio
₹498.71m
Debt
| Interest coverage ratio | 1.9x |
| Cash | ₹14.78m |
| Equity | ₹600.68m |
| Total liabilities | ₹789.41m |
| Total assets | ₹1.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526965's short term assets (₹795.2M) exceed its short term liabilities (₹538.3M).
Long Term Liabilities: 526965's short term assets (₹795.2M) exceed its long term liabilities (₹251.1M).
Debt to Equity History and Analysis
Debt Level: 526965's net debt to equity ratio (80.6%) is considered high.
Reducing Debt: 526965's debt to equity ratio has reduced from 89.5% to 83% over the past 5 years.
Debt Coverage: 526965's debt is not well covered by operating cash flow (0.04%).
Interest Coverage: 526965's interest payments on its debt are not well covered by EBIT (1.9x coverage).