Gravita India Balance Sheet Health
Financial Health criteria checks 4/6
Gravita India has a total shareholder equity of ₹9.4B and total debt of ₹5.6B, which brings its debt-to-equity ratio to 59.2%. Its total assets and total liabilities are ₹18.0B and ₹8.6B respectively. Gravita India's EBIT is ₹3.3B making its interest coverage ratio 11.3. It has cash and short-term investments of ₹984.2M.
Key information
59.2%
Debt to equity ratio
₹5.57b
Debt
| Interest coverage ratio | 11.3x |
| Cash | ₹984.20m |
| Equity | ₹9.41b |
| Total liabilities | ₹8.58b |
| Total assets | ₹18.00b |
Recent financial health updates
These 4 Measures Indicate That Gravita India (NSE:GRAVITA) Is Using Debt Reasonably Well
Nov 08
Here's Why Gravita India (NSE:GRAVITA) Has A Meaningful Debt Burden
Jun 27Is Gravita India (NSE:GRAVITA) Using Too Much Debt?
May 27Recent updates
These 4 Measures Indicate That Gravita India (NSE:GRAVITA) Is Using Debt Reasonably Well
Nov 08Earnings Update: Here's Why Analysts Just Lifted Their Gravita India Limited (NSE:GRAVITA) Price Target To ₹2,669
Oct 24We Ran A Stock Scan For Earnings Growth And Gravita India (NSE:GRAVITA) Passed With Ease
Sep 14There's Reason For Concern Over Gravita India Limited's (NSE:GRAVITA) Massive 27% Price Jump
Aug 08Gravita India Limited Just Recorded A 13% EPS Beat: Here's What Analysts Are Forecasting Next
Jul 25Here's Why Gravita India (NSE:GRAVITA) Has A Meaningful Debt Burden
Jun 27Gravita India Limited (NSE:GRAVITA) Stocks Shoot Up 27% But Its P/E Still Looks Reasonable
Jun 12Do Gravita India's (NSE:GRAVITA) Earnings Warrant Your Attention?
May 23Impressive Earnings May Not Tell The Whole Story For Gravita India (NSE:GRAVITA)
May 08Analyst Estimates: Here's What Brokers Think Of Gravita India Limited (NSE:GRAVITA) After Its Full-Year Report
May 05After Leaping 28% Gravita India Limited (NSE:GRAVITA) Shares Are Not Flying Under The Radar
Apr 12A Piece Of The Puzzle Missing From Gravita India Limited's (NSE:GRAVITA) Share Price
Feb 27Here's Why We Think Gravita India (NSE:GRAVITA) Is Well Worth Watching
Jan 24Is Now The Time To Put Gravita India (NSE:GRAVITA) On Your Watchlist?
Jun 01Gravita India (NSE:GRAVITA) Will Be Hoping To Turn Its Returns On Capital Around
May 04Do Gravita India's (NSE:GRAVITA) Earnings Warrant Your Attention?
Jul 01Is Gravita India (NSE:GRAVITA) Using Too Much Debt?
May 27Gravita India (NSE:GRAVITA) Is Achieving High Returns On Its Capital
Feb 25Gravita India (NSE:GRAVITA) Will Pay A Larger Dividend Than Last Year At ₹3.00
Feb 02If You Like EPS Growth Then Check Out Gravita India (NSE:GRAVITA) Before It's Too Late
Jan 24Robust Earnings May Not Tell The Whole Story For Gravita India (NSE:GRAVITA)
Nov 08The Trend Of High Returns At Gravita India (NSE:GRAVITA) Has Us Very Interested
Aug 30Financial Position Analysis
Short Term Liabilities: GRAVITA's short term assets (₹13.2B) exceed its short term liabilities (₹5.9B).
Long Term Liabilities: GRAVITA's short term assets (₹13.2B) exceed its long term liabilities (₹2.7B).
Debt to Equity History and Analysis
Debt Level: GRAVITA's net debt to equity ratio (48.7%) is considered high.
Reducing Debt: GRAVITA's debt to equity ratio has reduced from 120.1% to 59.2% over the past 5 years.
Debt Coverage: GRAVITA's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: GRAVITA's interest payments on its debt are well covered by EBIT (11.3x coverage).