Ganesh Benzoplast Balance Sheet Health
Financial Health criteria checks 6/6
Ganesh Benzoplast has a total shareholder equity of ₹5.4B and total debt of ₹165.2M, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are ₹7.0B and ₹1.6B respectively. Ganesh Benzoplast's EBIT is ₹765.0M making its interest coverage ratio -15.2. It has cash and short-term investments of ₹861.4M.
Key information
3.1%
Debt to equity ratio
₹165.15m
Debt
| Interest coverage ratio | -15.2x |
| Cash | ₹861.35m |
| Equity | ₹5.40b |
| Total liabilities | ₹1.63b |
| Total assets | ₹7.03b |
Recent financial health updates
No updates
Recent updates
Ganesh Benzoplast (NSE:GANESHBE) Strong Profits May Be Masking Some Underlying Issues
Jun 07
Take Care Before Diving Into The Deep End On Ganesh Benzoplast Limited (NSE:GANESHBE)
Jun 05Ganesh Benzoplast Limited (NSE:GANESHBE) Held Back By Insufficient Growth Even After Shares Climb 29%
Feb 06Here's Why We Think Ganesh Benzoplast (NSE:GANESHBE) Is Well Worth Watching
Dec 14Capital Allocation Trends At Ganesh Benzoplast (NSE:GANESHBE) Aren't Ideal
Aug 10We Ran A Stock Scan For Earnings Growth And Ganesh Benzoplast (NSE:GANESHBE) Passed With Ease
Feb 15There's Reason For Concern Over Ganesh Benzoplast Limited's (NSE:GANESHBE) Price
Jul 09We Think You Can Look Beyond Ganesh Benzoplast's (NSE:GANESHBE) Lackluster Earnings
Nov 20Financial Position Analysis
Short Term Liabilities: GANESHBE's short term assets (₹2.0B) exceed its short term liabilities (₹926.0M).
Long Term Liabilities: GANESHBE's short term assets (₹2.0B) exceed its long term liabilities (₹703.2M).
Debt to Equity History and Analysis
Debt Level: GANESHBE has more cash than its total debt.
Reducing Debt: GANESHBE's debt to equity ratio has reduced from 57.1% to 3.1% over the past 5 years.
Debt Coverage: GANESHBE's debt is well covered by operating cash flow (248%).
Interest Coverage: GANESHBE earns more interest than it pays, so coverage of interest payments is not a concern.