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 |
Financial Position Analysis
Short Term Liabilities: GRASIMPP1's short term assets (₹863.9B) do not cover its short term liabilities (₹924.3B).
Long Term Liabilities: GRASIMPP1's short term assets (₹863.9B) do not cover its long term liabilities (₹1,811.7B).
Debt to Equity History and Analysis
Debt Level: GRASIMPP1's net debt to equity ratio (84.2%) is considered high.
Reducing Debt: GRASIMPP1's debt to equity ratio has increased from 98.8% to 100.1% over the past 5 years.
Debt Coverage: GRASIMPP1's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GRASIMPP1's interest payments on its debt are not well covered by EBIT (2.4x coverage).