Galaxy Surfactants Balance Sheet Health
Financial Health criteria checks 6/6
Galaxy Surfactants has a total shareholder equity of ₹20.3B and total debt of ₹2.4B, which brings its debt-to-equity ratio to 12%. Its total assets and total liabilities are ₹27.5B and ₹7.2B respectively. Galaxy Surfactants's EBIT is ₹4.0B making its interest coverage ratio 20.6. It has cash and short-term investments of ₹3.1B.
Key information
12.0%
Debt to equity ratio
₹2.43b
Debt
Interest coverage ratio | 20.6x |
Cash | ₹3.05b |
Equity | ₹20.29b |
Total liabilities | ₹7.16b |
Total assets | ₹27.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540935's short term assets (₹15.9B) exceed its short term liabilities (₹5.7B).
Long Term Liabilities: 540935's short term assets (₹15.9B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: 540935 has more cash than its total debt.
Reducing Debt: 540935's debt to equity ratio has reduced from 51% to 12% over the past 5 years.
Debt Coverage: 540935's debt is well covered by operating cash flow (283.5%).
Interest Coverage: 540935's interest payments on its debt are well covered by EBIT (20.6x coverage).