Grasim Industries Balance Sheet Health
Financial Health criteria checks 0/6
Grasim Industries has a total shareholder equity of ₹1,308.9B and total debt of ₹1,219.3B, which brings its debt-to-equity ratio to 93.2%. Its total assets and total liabilities are ₹3,715.7B and ₹2,406.8B respectively. Grasim Industries's EBIT is ₹205.8B making its interest coverage ratio 2.6. It has cash and short-term investments of ₹185.7B.
Key information
93.2%
Debt to equity ratio
₹1.22t
Debt
| Interest coverage ratio | 2.6x |
| Cash | ₹185.66b |
| Equity | ₹1.31t |
| Total liabilities | ₹2.41t |
| Total assets | ₹3.72t |
Recent financial health updates
Grasim Industries (NSE:GRASIM) Has A Somewhat Strained Balance Sheet
Sep 25
Does 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 28We Think Grasim Industries (NSE:GRASIM) Is Taking Some Risk With Its Debt
Dec 17Recent updates
Grasim 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 17If You Like EPS Growth Then Check Out Grasim Industries (NSE:GRASIM) Before It's Too Late
Nov 18Grasim Industries Limited (NSE:GRASIM) Shares Could Be 49% Below Their Intrinsic Value Estimate
Oct 30Does Grasim Industries (NSE:GRASIM) Have A Healthy Balance Sheet?
Sep 17Is Now The Time To Put Grasim Industries (NSE:GRASIM) On Your Watchlist?
Aug 20Increases to CEO Compensation Might Be Put On Hold For Now at Grasim Industries Limited (NSE:GRASIM)
Aug 20Is It Too Late To Consider Buying Grasim Industries Limited (NSE:GRASIM)?
Jul 29We Think Grasim Industries (NSE:GRASIM) Is Taking Some Risk With Its Debt
Jun 01Financial Position Analysis
Short Term Liabilities: GRASIM's short term assets (₹774.3B) do not cover its short term liabilities (₹775.6B).
Long Term Liabilities: GRASIM's short term assets (₹774.3B) do not cover its long term liabilities (₹1,631.2B).
Debt to Equity History and Analysis
Debt Level: GRASIM's net debt to equity ratio (79%) is considered high.
Reducing Debt: GRASIM's debt to equity ratio has increased from 88.8% to 93.2% 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 (2.6x coverage).