Goa Carbon Balance Sheet Health
Financial Health criteria checks 5/6
Goa Carbon has a total shareholder equity of ₹2.1B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 53.2%. Its total assets and total liabilities are ₹4.2B and ₹2.1B respectively. Goa Carbon's EBIT is ₹1.3B making its interest coverage ratio 21.7. It has cash and short-term investments of ₹587.0M.
Key information
53.2%
Debt to equity ratio
₹1.13b
Debt
| Interest coverage ratio | 21.7x |
| Cash | ₹587.02m |
| Equity | ₹2.12b |
| Total liabilities | ₹2.06b |
| Total assets | ₹4.18b |
Recent financial health updates
Does Goa Carbon (NSE:GOACARBON) Have A Healthy Balance Sheet?
Jan 18
Goa Carbon (NSE:GOACARBON) Is Carrying A Fair Bit Of Debt
Dec 12Recent updates
There's No Escaping Goa Carbon Limited's (NSE:GOACARBON) Muted Earnings Despite A 26% Share Price Rise
Apr 12Estimating The Fair Value Of Goa Carbon Limited (NSE:GOACARBON)
Apr 08Does Goa Carbon (NSE:GOACARBON) Have A Healthy Balance Sheet?
Jan 18Improved Earnings Required Before Goa Carbon Limited (NSE:GOACARBON) Stock's 33% Jump Looks Justified
Jan 18Goa Carbon Limited's (NSE:GOACARBON) Prospects Need A Boost To Lift Shares
Mar 01Goa Carbon (NSE:GOACARBON) Is Carrying A Fair Bit Of Debt
Dec 12Financial Position Analysis
Short Term Liabilities: GOACARBON's short term assets (₹3.7B) exceed its short term liabilities (₹2.0B).
Long Term Liabilities: GOACARBON's short term assets (₹3.7B) exceed its long term liabilities (₹98.0M).
Debt to Equity History and Analysis
Debt Level: GOACARBON's net debt to equity ratio (25.5%) is considered satisfactory.
Reducing Debt: GOACARBON's debt to equity ratio has increased from 16.8% to 53.2% over the past 5 years.
Debt Coverage: GOACARBON's debt is well covered by operating cash flow (76.8%).
Interest Coverage: GOACARBON's interest payments on its debt are well covered by EBIT (21.7x coverage).