Gallantt Ispat Balance Sheet Health
Financial Health criteria checks 5/6
Gallantt Ispat has a total shareholder equity of ₹23.0B and total debt of ₹4.9B, which brings its debt-to-equity ratio to 21.3%. Its total assets and total liabilities are ₹30.7B and ₹7.7B respectively. Gallantt Ispat's EBIT is ₹2.8B making its interest coverage ratio 11.6. It has cash and short-term investments of ₹170.2M.
Key information
21.3%
Debt to equity ratio
₹4.90b
Debt
| Interest coverage ratio | 11.6x |
| Cash | ₹170.19m |
| Equity | ₹23.03b |
| Total liabilities | ₹7.67b |
| Total assets | ₹30.70b |
Recent financial health updates
Is Gallantt Ispat (NSE:GALLANTT) A Risky Investment?
Mar 13
Does Gallantt Ispat (NSE:GALLANTT) Have A Healthy Balance Sheet?
Dec 14Gallantt Ispat (NSE:GALLANTT) Has A Pretty Healthy Balance Sheet
Sep 05Does Gallantt Metal (NSE:GALLANTT) Have A Healthy Balance Sheet?
Feb 24Is Gallantt Metal (NSE:GALLANTT) Using Too Much Debt?
Aug 10Is Gallantt Metal (NSE:GALLANTT) Using Too Much Debt?
Feb 15Recent updates
Earnings Not Telling The Story For Gallantt Ispat Limited (NSE:GALLANTT) After Shares Rise 31%
Apr 20Is Gallantt Ispat (NSE:GALLANTT) A Risky Investment?
Mar 13Some Investors May Be Worried About Gallantt Ispat's (NSE:GALLANTT) Returns On Capital
Feb 20Does Gallantt Ispat (NSE:GALLANTT) Have A Healthy Balance Sheet?
Dec 14Gallantt Ispat (NSE:GALLANTT) Might Be Having Difficulty Using Its Capital Effectively
Nov 04Gallantt Ispat (NSE:GALLANTT) Has A Pretty Healthy Balance Sheet
Sep 05Returns On Capital At Gallantt Ispat (NSE:GALLANTT) Have Hit The Brakes
Jan 24We Don’t Think Gallantt Ispat's (NSE:GALLANTT) Earnings Should Make Shareholders Too Comfortable
Nov 19Estimating The Intrinsic Value Of Gallantt Metal Limited (NSE:GALLANTT)
May 12Gallantt Metal (NSE:GALLANTT) Might Have The Makings Of A Multi-Bagger
Apr 06Does Gallantt Metal (NSE:GALLANTT) Have A Healthy Balance Sheet?
Feb 24Do Gallantt Metal's (NSE:GALLANTT) Earnings Warrant Your Attention?
Dec 28Gallantt Metal (NSE:GALLANTT) Is Doing The Right Things To Multiply Its Share Price
Oct 12Here's Why I Think Gallantt Metal (NSE:GALLANTT) Might Deserve Your Attention Today
Sep 13Is Gallantt Metal (NSE:GALLANTT) Using Too Much Debt?
Aug 10Returns On Capital Signal Tricky Times Ahead For Gallantt Metal (NSE:GALLANTT)
Jun 29Returns On Capital At Gallantt Metal (NSE:GALLANTT) Paint A Concerning Picture
Mar 22Is Gallantt Metal (NSE:GALLANTT) Using Too Much Debt?
Feb 15Should We Be Excited About The Trends Of Returns At Gallantt Metal (NSE:GALLANTT)?
Nov 16
Is Gallantt Metal (NSE:GALLANTT) Using Too Much Debt?
Sep 24We're Watching These Trends At Gallantt Metal (NSE:GALLANTT)
Aug 02Financial Position Analysis
Short Term Liabilities: GALLANTT's short term assets (₹10.7B) exceed its short term liabilities (₹5.8B).
Long Term Liabilities: GALLANTT's short term assets (₹10.7B) exceed its long term liabilities (₹1.9B).
Debt to Equity History and Analysis
Debt Level: GALLANTT's net debt to equity ratio (20.5%) is considered satisfactory.
Reducing Debt: GALLANTT's debt to equity ratio has increased from 8.6% to 21.3% over the past 5 years.
Debt Coverage: GALLANTT's debt is well covered by operating cash flow (45.4%).
Interest Coverage: GALLANTT's interest payments on its debt are well covered by EBIT (11.6x coverage).