Gallantt Ispat Balance Sheet Health
Financial Health criteria checks 5/6
Gallantt Ispat has a total shareholder equity of ₹24.5B and total debt of ₹4.6B, which brings its debt-to-equity ratio to 18.8%. Its total assets and total liabilities are ₹31.4B and ₹6.8B respectively. Gallantt Ispat's EBIT is ₹4.8B making its interest coverage ratio 16.8. It has cash and short-term investments of ₹554.5M.
Key information
18.8%
Debt to equity ratio
₹4.62b
Debt
| Interest coverage ratio | 16.8x |
| Cash | ₹554.50m |
| Equity | ₹24.51b |
| Total liabilities | ₹6.85b |
| Total assets | ₹31.36b |
Recent financial health updates
Here's Why Gallantt Ispat (NSE:GALLANTT) Can Manage Its Debt Responsibly
Jul 19
Is Gallantt Ispat (NSE:GALLANTT) A Risky Investment?
Mar 13Does 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 10Recent updates
Gallantt Ispat Limited (NSE:GALLANTT) Stock Catapults 25% Though Its Price And Business Still Lag The Market
Sep 03Here's Why Gallantt Ispat (NSE:GALLANTT) Can Manage Its Debt Responsibly
Jul 19Earnings Not Telling The Story For Gallantt Ispat Limited (NSE:GALLANTT) After Shares Rise 25%
Jun 21Gallantt Ispat (NSE:GALLANTT) Will Want To Turn Around Its Return Trends
Jun 13Earnings 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 (₹10.4B) exceed its short term liabilities (₹4.7B).
Long Term Liabilities: GALLANTT's short term assets (₹10.4B) exceed its long term liabilities (₹2.2B).
Debt to Equity History and Analysis
Debt Level: GALLANTT's net debt to equity ratio (16.6%) is considered satisfactory.
Reducing Debt: GALLANTT's debt to equity ratio has increased from 8.1% to 18.8% over the past 5 years.
Debt Coverage: GALLANTT's debt is well covered by operating cash flow (74.5%).
Interest Coverage: GALLANTT's interest payments on its debt are well covered by EBIT (16.8x coverage).