Goodluck India Balance Sheet Health
Financial Health criteria checks 4/6
Goodluck India has a total shareholder equity of ₹12.7B and total debt of ₹6.6B, which brings its debt-to-equity ratio to 52.4%. Its total assets and total liabilities are ₹23.0B and ₹10.3B respectively. Goodluck India's EBIT is ₹2.5B making its interest coverage ratio 4.4. It has cash and short-term investments of ₹818.5M.
Key information
52.4%
Debt to equity ratio
₹6.64b
Debt
| Interest coverage ratio | 4.4x |
| Cash | ₹818.53m |
| Equity | ₹12.67b |
| Total liabilities | ₹10.30b |
| Total assets | ₹22.97b |
Recent financial health updates
Is Goodluck India (NSE:GOODLUCK) Using Too Much Debt?
Aug 18
Here's Why Goodluck India (NSE:GOODLUCK) Is Weighed Down By Its Debt Load
Dec 30
Recent updates
Investors Shouldn't Overlook The Favourable Returns On Capital At Goodluck India (NSE:GOODLUCK)
Oct 24Goodluck India (NSE:GOODLUCK) Has Announced That Its Dividend Will Be Reduced To ₹1.00
Sep 08Goodluck India Limited (NSE:GOODLUCK) Soars 26% But It's A Story Of Risk Vs Reward
Aug 31Here's Why Goodluck India (NSE:GOODLUCK) Has Caught The Eye Of Investors
Aug 28Impressive Earnings May Not Tell The Whole Story For Goodluck India (NSE:GOODLUCK)
Jun 05Goodluck India (NSE:GOODLUCK) Will Pay A Dividend Of ₹2.00
Apr 06Here's Why Goodluck India (NSE:GOODLUCK) Has Caught The Eye Of Investors
Mar 14Investors Holding Back On Goodluck India Limited (NSE:GOODLUCK)
Jan 15Investors Shouldn't Overlook Goodluck India's (NSE:GOODLUCK) Impressive Returns On Capital
Oct 06Goodluck India (NSE:GOODLUCK) Is Increasing Its Dividend To ₹2.50
Sep 08Is Now The Time To Put Goodluck India (NSE:GOODLUCK) On Your Watchlist?
Mar 10Is Goodluck India (NSE:GOODLUCK) Using Too Much Debt?
Aug 18Do Goodluck India's (NSE:GOODLUCK) Earnings Warrant Your Attention?
Jul 26Here's Why I Think Goodluck India (NSE:GOODLUCK) Is An Interesting Stock
Jan 24Many Would Be Envious Of Goodluck India's (NSE:GOODLUCK) Excellent Returns On Capital
Dec 15Goodluck India's (NSE:GOODLUCK) Shareholders Have More To Worry About Than Only Soft Earnings
Jul 12Capital Investments At Goodluck India (NSE:GOODLUCK) Point To A Promising Future
May 25Here's Why I Think Goodluck India (NSE:GOODLUCK) Might Deserve Your Attention Today
Mar 17Are Investors Overlooking Returns On Capital At Goodluck India (NSE:GOODLUCK)?
Feb 24Did Goodluck India Limited (NSE:GOODLUCK) Insiders Buy Up More Shares?
Feb 03Here's Why Goodluck India (NSE:GOODLUCK) Is Weighed Down By Its Debt Load
Dec 30The Trends At Goodluck India (NSE:GOODLUCK) That You Should Know About
Nov 25Financial Position Analysis
Short Term Liabilities: GOODLUCK's short term assets (₹14.9B) exceed its short term liabilities (₹8.8B).
Long Term Liabilities: GOODLUCK's short term assets (₹14.9B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: GOODLUCK's net debt to equity ratio (46%) is considered high.
Reducing Debt: GOODLUCK's debt to equity ratio has reduced from 156.4% to 52.4% over the past 5 years.
Debt Coverage: GOODLUCK's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GOODLUCK's interest payments on its debt are well covered by EBIT (4.4x coverage).