Greenpanel Industries Balance Sheet Health
Financial Health criteria checks 6/6
Greenpanel Industries has a total shareholder equity of ₹12.7B and total debt of ₹1.8B, which brings its debt-to-equity ratio to 14.3%. Its total assets and total liabilities are ₹17.1B and ₹4.4B respectively. Greenpanel Industries's EBIT is ₹2.0B making its interest coverage ratio -69.5. It has cash and short-term investments of ₹3.1B.
Key information
14.3%
Debt to equity ratio
₹1.82b
Debt
Interest coverage ratio | -69.5x |
Cash | ₹3.10b |
Equity | ₹12.72b |
Total liabilities | ₹4.38b |
Total assets | ₹17.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542857's short term assets (₹5.9B) exceed its short term liabilities (₹1.9B).
Long Term Liabilities: 542857's short term assets (₹5.9B) exceed its long term liabilities (₹2.5B).
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 reduced from 90.9% to 14.3% over the past 5 years.
Debt Coverage: 542857's debt is well covered by operating cash flow (137.2%).
Interest Coverage: 542857 earns more interest than it pays, so coverage of interest payments is not a concern.