Ganga Papers India Balance Sheet Health
Financial Health criteria checks 4/6
Ganga Papers India has a total shareholder equity of ₹291.1M and total debt of ₹370.9M, which brings its debt-to-equity ratio to 127.4%. Its total assets and total liabilities are ₹836.7M and ₹545.6M respectively. Ganga Papers India's EBIT is ₹42.4M making its interest coverage ratio 1.7. It has cash and short-term investments of ₹15.5M.
Key information
127.4%
Debt to equity ratio
₹370.90m
Debt
| Interest coverage ratio | 1.7x |
| Cash | ₹15.46m |
| Equity | ₹291.08m |
| Total liabilities | ₹545.64m |
| Total assets | ₹836.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531813's short term assets (₹631.0M) exceed its short term liabilities (₹522.9M).
Long Term Liabilities: 531813's short term assets (₹631.0M) exceed its long term liabilities (₹22.7M).
Debt to Equity History and Analysis
Debt Level: 531813's net debt to equity ratio (122.1%) is considered high.
Reducing Debt: 531813's debt to equity ratio has reduced from 282.4% to 127.4% over the past 5 years.
Debt Coverage: 531813's debt is well covered by operating cash flow (23.9%).
Interest Coverage: 531813's interest payments on its debt are not well covered by EBIT (1.7x coverage).