Gujarat Craft Industries Balance Sheet Health
Financial Health criteria checks 3/6
Gujarat Craft Industries has a total shareholder equity of ₹606.9M and total debt of ₹478.4M, which brings its debt-to-equity ratio to 78.8%. Its total assets and total liabilities are ₹1.5B and ₹903.5M respectively. Gujarat Craft Industries's EBIT is ₹72.7M making its interest coverage ratio 1.8. It has cash and short-term investments of ₹27.0M.
Key information
78.8%
Debt to equity ratio
₹478.35m
Debt
| Interest coverage ratio | 1.8x |
| Cash | ₹26.95m |
| Equity | ₹606.87m |
| Total liabilities | ₹903.48m |
| Total assets | ₹1.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526965's short term assets (₹889.4M) exceed its short term liabilities (₹616.9M).
Long Term Liabilities: 526965's short term assets (₹889.4M) exceed its long term liabilities (₹286.6M).
Debt to Equity History and Analysis
Debt Level: 526965's net debt to equity ratio (74.4%) is considered high.
Reducing Debt: 526965's debt to equity ratio has reduced from 89.2% to 78.8% over the past 5 years.
Debt Coverage: 526965's debt is not well covered by operating cash flow (9%).
Interest Coverage: 526965's interest payments on its debt are not well covered by EBIT (1.8x coverage).