Grasim Industries Balance Sheet Health
Financial Health criteria checks 0/6
Grasim Industries has a total shareholder equity of ₹1,389.4B and total debt of ₹1,390.8B, which brings its debt-to-equity ratio to 100.1%. Its total assets and total liabilities are ₹4,125.4B and ₹2,736.0B respectively. Grasim Industries's EBIT is ₹223.6B making its interest coverage ratio 2.4. It has cash and short-term investments of ₹221.2B.
Key information
100.1%
Debt to equity ratio
₹1.39t
Debt
| Interest coverage ratio | 2.4x |
| Cash | ₹221.22b |
| Equity | ₹1.39t |
| Total liabilities | ₹2.74t |
| Total assets | ₹4.13t |
Recent financial health updates
Is Grasim Industries (NSE:GRASIM) Using Too Much Debt?
Jun 11
Grasim Industries (NSE:GRASIM) Has A Somewhat Strained Balance Sheet
Sep 25Does Grasim Industries (NSE:GRASIM) Have A Healthy Balance Sheet?
Mar 20Does Grasim Industries (NSE:GRASIM) Have A Healthy Balance Sheet?
Dec 14Does Grasim Industries (NSE:GRASIM) Have A Healthy Balance Sheet?
Jul 06Does Grasim Industries (NSE:GRASIM) Have A Healthy Balance Sheet?
Mar 28Recent updates
Grasim Industries Limited's (NSE:GRASIM) Shareholders Might Be Looking For Exit
Sep 01We Think The Compensation For Grasim Industries Limited's (NSE:GRASIM) CEO Looks About Right
Aug 14Grasim Industries' (NSE:GRASIM) Dividend Will Be ₹10.00
Aug 01Grasim Industries (NSE:GRASIM) Is Due To Pay A Dividend Of ₹10.00
Jul 18Return Trends At Grasim Industries (NSE:GRASIM) Aren't Appealing
Jun 29Is Grasim Industries (NSE:GRASIM) Using Too Much Debt?
Jun 11Grasim Industries Limited's (NSE:GRASIM) Earnings Are Not Doing Enough For Some Investors
Apr 07Grasim Industries' (NSE:GRASIM) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Jan 18Grasim Industries (NSE:GRASIM) Has A Somewhat Strained Balance Sheet
Sep 25Grasim Industries' (NSE:GRASIM) Returns On Capital Are Heading Higher
Apr 20Here's Why We Think Grasim Industries (NSE:GRASIM) Is Well Worth Watching
Apr 05Does Grasim Industries (NSE:GRASIM) Have A Healthy Balance Sheet?
Mar 20Grasim Industries (NSE:GRASIM) Is Experiencing Growth In Returns On Capital
Jan 10Do Grasim Industries' (NSE:GRASIM) Earnings Warrant Your Attention?
Dec 27Does Grasim Industries (NSE:GRASIM) Have A Healthy Balance Sheet?
Dec 14With EPS Growth And More, Grasim Industries (NSE:GRASIM) Makes An Interesting Case
Sep 20Does Grasim Industries (NSE:GRASIM) Have A Healthy Balance Sheet?
Jul 06Should You Be Adding Grasim Industries (NSE:GRASIM) To Your Watchlist Today?
Jun 20Does Grasim Industries (NSE:GRASIM) Have A Healthy Balance Sheet?
Mar 28A Look At The Fair Value Of Grasim Industries Limited (NSE:GRASIM)
Feb 16We Think Grasim Industries (NSE:GRASIM) Is Taking Some Risk With Its Debt
Dec 17Financial Position Analysis
Short Term Liabilities: GRASIM's short term assets (₹863.9B) do not cover its short term liabilities (₹924.3B).
Long Term Liabilities: GRASIM's short term assets (₹863.9B) do not cover its long term liabilities (₹1,811.7B).
Debt to Equity History and Analysis
Debt Level: GRASIM's net debt to equity ratio (84.2%) is considered high.
Reducing Debt: GRASIM's debt to equity ratio has increased from 98.8% to 100.1% over the past 5 years.
Debt Coverage: GRASIM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GRASIM's interest payments on its debt are not well covered by EBIT (2.4x coverage).