Gabriel PET Straps Balance Sheet Health
Financial Health criteria checks 3/6
Gabriel PET Straps has a total shareholder equity of ₹24.9M and total debt of ₹29.7M, which brings its debt-to-equity ratio to 119.3%. Its total assets and total liabilities are ₹74.2M and ₹49.3M respectively. Gabriel PET Straps's EBIT is ₹11.7M making its interest coverage ratio 3.2. It has cash and short-term investments of ₹1.3M.
Key information
119.3%
Debt to equity ratio
₹29.75m
Debt
Interest coverage ratio | 3.2x |
Cash | ₹1.34m |
Equity | ₹24.94m |
Total liabilities | ₹49.28m |
Total assets | ₹74.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544108's short term assets (₹49.9M) exceed its short term liabilities (₹32.4M).
Long Term Liabilities: 544108's short term assets (₹49.9M) exceed its long term liabilities (₹16.9M).
Debt to Equity History and Analysis
Debt Level: 544108's net debt to equity ratio (113.9%) is considered high.
Reducing Debt: Insufficient data to determine if 544108's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 544108's debt is not well covered by operating cash flow (0.8%).
Interest Coverage: 544108's interest payments on its debt are well covered by EBIT (3.2x coverage).