Godawari Power & Ispat Balance Sheet Health
Financial Health criteria checks 6/6
Godawari Power & Ispat has a total shareholder equity of ₹45.5B and total debt of ₹516.3M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are ₹55.5B and ₹9.9B respectively. Godawari Power & Ispat's EBIT is ₹11.9B making its interest coverage ratio 19.9. It has cash and short-term investments of ₹8.7B.
Key information
1.1%
Debt to equity ratio
₹516.30m
Debt
| Interest coverage ratio | 19.9x |
| Cash | ₹8.70b |
| Equity | ₹45.54b |
| Total liabilities | ₹9.91b |
| Total assets | ₹55.45b |
Recent financial health updates
These 4 Measures Indicate That Godawari Power & Ispat (NSE:GPIL) Is Using Debt Reasonably Well
Mar 28
Is Godawari Power & Ispat (NSE:GPIL) Using Too Much Debt?
Dec 05We Think Godawari Power & Ispat (NSE:GPIL) Can Stay On Top Of Its Debt
Jun 13Does Godawari Power & Ispat (NSE:GPIL) Have A Healthy Balance Sheet?
Jan 02These 4 Measures Indicate That Godawari Power & Ispat (NSE:GPIL) Is Using Debt Safely
Mar 02Is Godawari Power & Ispat (NSE:GPIL) Using Too Much Debt?
Jun 21Recent updates
Results: Godawari Power & Ispat Limited Exceeded Expectations And The Consensus Has Updated Its Estimates
May 24Improved Earnings Required Before Godawari Power & Ispat Limited (NSE:GPIL) Stock's 26% Jump Looks Justified
Apr 18These 4 Measures Indicate That Godawari Power & Ispat (NSE:GPIL) Is Using Debt Reasonably Well
Mar 28A Look At The Fair Value Of Godawari Power & Ispat Limited (NSE:GPIL)
Mar 01Godawari Power & Ispat Limited's (NSE:GPIL) Sole Analyst Just Made A Meaningful Upgrade To Their Forecasts
Feb 09Fewer Investors Than Expected Jumping On Godawari Power & Ispat Limited (NSE:GPIL)
Jan 01Is Godawari Power & Ispat (NSE:GPIL) Using Too Much Debt?
Dec 05Calculating The Fair Value Of Godawari Power & Ispat Limited (NSE:GPIL)
Nov 14Shareholders Would Not Be Objecting To Godawari Power & Ispat Limited's (NSE:GPIL) CEO Compensation And Here's Why
Sep 10Godawari Power & Ispat's (NSE:GPIL) Dividend Will Be Reduced To ₹4.00
Jul 31Godawari Power & Ispat's (NSE:GPIL) Dividend Is Being Reduced To ₹4.00
Jul 12We Think Godawari Power & Ispat (NSE:GPIL) Can Stay On Top Of Its Debt
Jun 13Godawari Power & Ispat's (NSE:GPIL) Dividend Will Be Reduced To ₹4.00
May 25Does Godawari Power & Ispat (NSE:GPIL) Have A Healthy Balance Sheet?
Jan 02Godawari Power & Ispat (NSE:GPIL) Is Very Good At Capital Allocation
Jul 12If You Like EPS Growth Then Check Out Godawari Power & Ispat (NSE:GPIL) Before It's Too Late
May 29These 4 Measures Indicate That Godawari Power & Ispat (NSE:GPIL) Is Using Debt Safely
Mar 02Here's Why I Think Godawari Power & Ispat (NSE:GPIL) Is An Interesting Stock
Feb 01Does Godawari Power & Ispat (NSE:GPIL) Deserve A Spot On Your Watchlist?
Oct 27Godawari Power & Ispat Limited's (NSE:GPIL) CEO Looks Like They Deserve Their Pay Packet
Aug 21Is Godawari Power & Ispat (NSE:GPIL) Using Too Much Debt?
Jun 21Here's Why We Think Godawari Power & Ispat (NSE:GPIL) Is Well Worth Watching
May 20Godawari Power & Ispat (NSE:GPIL) Is Achieving High Returns On Its Capital
May 02Godawari Power & Ispat Limited (NSE:GPIL) Insiders Increased Their Holdings
Mar 10Is Godawari Power & Ispat (NSE:GPIL) Using Too Much Debt?
Feb 25Godawari Power & Ispat Limited's (NSE:GPIL) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Feb 13Financial Position Analysis
Short Term Liabilities: GPIL's short term assets (₹24.1B) exceed its short term liabilities (₹7.5B).
Long Term Liabilities: GPIL's short term assets (₹24.1B) exceed its long term liabilities (₹2.5B).
Debt to Equity History and Analysis
Debt Level: GPIL has more cash than its total debt.
Reducing Debt: GPIL's debt to equity ratio has reduced from 141.1% to 1.1% over the past 5 years.
Debt Coverage: GPIL's debt is well covered by operating cash flow (2022.9%).
Interest Coverage: GPIL's interest payments on its debt are well covered by EBIT (19.9x coverage).