Gulshan Polyols Balance Sheet Health
Financial Health criteria checks 3/6
Gulshan Polyols has a total shareholder equity of ₹5.9B and total debt of ₹3.5B, which brings its debt-to-equity ratio to 59.9%. Its total assets and total liabilities are ₹11.6B and ₹5.7B respectively. Gulshan Polyols's EBIT is ₹377.5M making its interest coverage ratio 3.1. It has cash and short-term investments of ₹216.6M.
Key information
59.9%
Debt to equity ratio
₹3.54b
Debt
| Interest coverage ratio | 3.1x |
| Cash | ₹216.59m |
| Equity | ₹5.90b |
| Total liabilities | ₹5.66b |
| Total assets | ₹11.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532457's short term assets (₹4.3B) exceed its short term liabilities (₹3.1B).
Long Term Liabilities: 532457's short term assets (₹4.3B) exceed its long term liabilities (₹2.6B).
Debt to Equity History and Analysis
Debt Level: 532457's net debt to equity ratio (56.2%) is considered high.
Reducing Debt: 532457's debt to equity ratio has increased from 39.7% to 59.9% over the past 5 years.
Debt Coverage: 532457's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: 532457's interest payments on its debt are well covered by EBIT (3.1x coverage).