Ganga Papers India Balance Sheet Health
Financial Health criteria checks 3/6
Ganga Papers India has a total shareholder equity of ₹276.3M and total debt of ₹443.7M, which brings its debt-to-equity ratio to 160.6%. Its total assets and total liabilities are ₹940.0M and ₹663.7M respectively. Ganga Papers India's EBIT is ₹40.4M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹24.3M.
Key information
160.6%
Debt to equity ratio
₹443.67m
Debt
Interest coverage ratio | 1.9x |
Cash | ₹24.32m |
Equity | ₹276.31m |
Total liabilities | ₹663.66m |
Total assets | ₹939.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531813's short term assets (₹712.2M) exceed its short term liabilities (₹621.7M).
Long Term Liabilities: 531813's short term assets (₹712.2M) exceed its long term liabilities (₹41.9M).
Debt to Equity History and Analysis
Debt Level: 531813's net debt to equity ratio (151.8%) is considered high.
Reducing Debt: 531813's debt to equity ratio has reduced from 250% to 160.6% over the past 5 years.
Debt Coverage: 531813's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531813's interest payments on its debt are not well covered by EBIT (1.9x coverage).