G M Polyplast Balance Sheet Health
Financial Health criteria checks 6/6
G M Polyplast has a total shareholder equity of ₹353.8M and total debt of ₹40.8M, which brings its debt-to-equity ratio to 11.5%. Its total assets and total liabilities are ₹466.8M and ₹113.1M respectively. G M Polyplast's EBIT is ₹85.3M making its interest coverage ratio 29.3. It has cash and short-term investments of ₹1.2M.
Key information
11.5%
Debt to equity ratio
₹40.84m
Debt
| Interest coverage ratio | 29.3x |
| Cash | ₹1.24m |
| Equity | ₹353.79m |
| Total liabilities | ₹113.05m |
| Total assets | ₹466.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543239's short term assets (₹384.2M) exceed its short term liabilities (₹100.8M).
Long Term Liabilities: 543239's short term assets (₹384.2M) exceed its long term liabilities (₹12.3M).
Debt to Equity History and Analysis
Debt Level: 543239's net debt to equity ratio (11.2%) is considered satisfactory.
Reducing Debt: 543239's debt to equity ratio has reduced from 41.7% to 11.5% over the past 5 years.
Debt Coverage: 543239's debt is well covered by operating cash flow (71.2%).
Interest Coverage: 543239's interest payments on its debt are well covered by EBIT (29.3x coverage).