Godawari Power & Ispat Balance Sheet Health
Financial Health criteria checks 6/6
Godawari Power & Ispat has a total shareholder equity of ₹40.9B and total debt of ₹894.7M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are ₹50.4B and ₹9.6B respectively. Godawari Power & Ispat's EBIT is ₹11.1B making its interest coverage ratio -26. It has cash and short-term investments of ₹7.1B.
Key information
2.2%
Debt to equity ratio
₹894.70m
Debt
Interest coverage ratio | -26x |
Cash | ₹7.06b |
Equity | ₹40.85b |
Total liabilities | ₹9.59b |
Total assets | ₹50.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532734's short term assets (₹20.6B) exceed its short term liabilities (₹6.8B).
Long Term Liabilities: 532734's short term assets (₹20.6B) exceed its long term liabilities (₹2.7B).
Debt to Equity History and Analysis
Debt Level: 532734 has more cash than its total debt.
Reducing Debt: 532734's debt to equity ratio has reduced from 167.8% to 2.2% over the past 5 years.
Debt Coverage: 532734's debt is well covered by operating cash flow (1421.9%).
Interest Coverage: 532734 earns more interest than it pays, so coverage of interest payments is not a concern.