Ganga Papers India Balance Sheet Health
Financial Health criteria checks 3/6
Ganga Papers India has a total shareholder equity of ₹297.6M and total debt of ₹388.2M, which brings its debt-to-equity ratio to 130.4%. Its total assets and total liabilities are ₹836.9M and ₹539.3M respectively. Ganga Papers India's EBIT is ₹41.7M making its interest coverage ratio 2.2. It has cash and short-term investments of ₹44.5M.
Key information
130.4%
Debt to equity ratio
₹388.20m
Debt
| Interest coverage ratio | 2.2x |
| Cash | ₹44.52m |
| Equity | ₹297.62m |
| Total liabilities | ₹539.33m |
| Total assets | ₹836.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531813's short term assets (₹641.7M) exceed its short term liabilities (₹522.0M).
Long Term Liabilities: 531813's short term assets (₹641.7M) exceed its long term liabilities (₹17.3M).
Debt to Equity History and Analysis
Debt Level: 531813's net debt to equity ratio (115.5%) is considered high.
Reducing Debt: 531813's debt to equity ratio has reduced from 270.5% to 130.4% over the past 5 years.
Debt Coverage: 531813's debt is not well covered by operating cash flow (12.3%).
Interest Coverage: 531813's interest payments on its debt are not well covered by EBIT (2.2x coverage).