Godawari Power & Ispat Balance Sheet Health
Financial Health criteria checks 6/6
Godawari Power & Ispat has a total shareholder equity of ₹45.6B and total debt of ₹337.1M, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are ₹54.0B and ₹8.5B respectively. Godawari Power & Ispat's EBIT is ₹11.7B making its interest coverage ratio -24. It has cash and short-term investments of ₹7.7B.
Key information
0.7%
Debt to equity ratio
₹337.10m
Debt
| Interest coverage ratio | -24x |
| Cash | ₹7.72b |
| Equity | ₹45.60b |
| Total liabilities | ₹8.45b |
| Total assets | ₹54.05b |
Recent financial health updates
Is Godawari Power & Ispat (NSE:GPIL) Using Too Much Debt?
Sep 12
These 4 Measures Indicate That Godawari Power & Ispat (NSE:GPIL) Is Using Debt Reasonably Well
Mar 28Is 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 02Recent updates
We Discuss Why Godawari Power & Ispat Limited's (NSE:GPIL) CEO May Deserve A Higher Pay Packet
Sep 15Is Godawari Power & Ispat (NSE:GPIL) Using Too Much Debt?
Sep 12Godawari Power & Ispat (NSE:GPIL) Is Increasing Its Dividend To ₹5.00
Aug 04Investors Aren't Entirely Convinced By Godawari Power & Ispat Limited's (NSE:GPIL) Earnings
Jul 20Results: 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 21Financial Position Analysis
Short Term Liabilities: GPIL's short term assets (₹21.8B) exceed its short term liabilities (₹5.8B).
Long Term Liabilities: GPIL's short term assets (₹21.8B) exceed its long term liabilities (₹2.7B).
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 124.3% to 0.7% over the past 5 years.
Debt Coverage: GPIL's debt is well covered by operating cash flow (3069.8%).
Interest Coverage: GPIL earns more interest than it pays, so coverage of interest payments is not a concern.