G M Polyplast Balance Sheet Health
Financial Health criteria checks 6/6
G M Polyplast has a total shareholder equity of ₹304.3M and total debt of ₹45.8M, which brings its debt-to-equity ratio to 15.1%. Its total assets and total liabilities are ₹447.1M and ₹142.8M respectively. G M Polyplast's EBIT is ₹99.5M making its interest coverage ratio 40.9. It has cash and short-term investments of ₹2.7M.
Key information
15.1%
Debt to equity ratio
₹45.82m
Debt
Interest coverage ratio | 40.9x |
Cash | ₹2.70m |
Equity | ₹304.33m |
Total liabilities | ₹142.78m |
Total assets | ₹447.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543239's short term assets (₹362.5M) exceed its short term liabilities (₹131.0M).
Long Term Liabilities: 543239's short term assets (₹362.5M) exceed its long term liabilities (₹11.8M).
Debt to Equity History and Analysis
Debt Level: 543239's net debt to equity ratio (14.2%) is considered satisfactory.
Reducing Debt: 543239's debt to equity ratio has reduced from 74.7% to 15.1% over the past 5 years.
Debt Coverage: 543239's debt is well covered by operating cash flow (49.9%).
Interest Coverage: 543239's interest payments on its debt are well covered by EBIT (40.9x coverage).