Gulshan Polyols Balance Sheet Health
Financial Health criteria checks 2/6
Gulshan Polyols has a total shareholder equity of ₹6.0B and total debt of ₹4.4B, which brings its debt-to-equity ratio to 72.4%. Its total assets and total liabilities are ₹12.2B and ₹6.2B respectively. Gulshan Polyols's EBIT is ₹392.3M making its interest coverage ratio 2.6. It has cash and short-term investments of ₹179.9M.
Key information
72.4%
Debt to equity ratio
₹4.36b
Debt
| Interest coverage ratio | 2.6x |
| Cash | ₹179.94m |
| Equity | ₹6.02b |
| Total liabilities | ₹6.22b |
| Total assets | ₹12.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532457's short term assets (₹4.8B) exceed its short term liabilities (₹3.8B).
Long Term Liabilities: 532457's short term assets (₹4.8B) exceed its long term liabilities (₹2.4B).
Debt to Equity History and Analysis
Debt Level: 532457's net debt to equity ratio (69.4%) is considered high.
Reducing Debt: 532457's debt to equity ratio has increased from 46.7% to 72.4% over the past 5 years.
Debt Coverage: 532457's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 532457's interest payments on its debt are not well covered by EBIT (2.6x coverage).