Greenpanel Industries Financial Health
Financial Health criteria checks 5/6
Greenpanel Industries has a total shareholder equity of ₹11.9B and total debt of ₹1.9B, which brings its debt-to-equity ratio to 16%. Its total assets and total liabilities are ₹17.0B and ₹5.1B respectively. Greenpanel Industries's EBIT is ₹3.4B making its interest coverage ratio 18.1. It has cash and short-term investments of ₹3.8B.
Debt to equity ratio
|Interest coverage ratio||18.1x|
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: 542857's short term assets (₹6.3B) exceed its short term liabilities (₹2.3B).
Long Term Liabilities: 542857's short term assets (₹6.3B) exceed its long term liabilities (₹2.8B).
Debt to Equity History and Analysis
Debt Level: 542857 has more cash than its total debt.
Reducing Debt: 542857's debt to equity ratio has increased from 0% to 16% over the past 5 years.
Debt Coverage: 542857's debt is well covered by operating cash flow (177.2%).
Interest Coverage: 542857's interest payments on its debt are well covered by EBIT (18.1x coverage).