Gravita India Balance Sheet Health
Financial Health criteria checks 4/6
Gravita India has a total shareholder equity of ₹8.5B and total debt of ₹5.5B, which brings its debt-to-equity ratio to 64.1%. Its total assets and total liabilities are ₹16.0B and ₹7.5B respectively. Gravita India's EBIT is ₹3.2B making its interest coverage ratio 6.6. It has cash and short-term investments of ₹1.2B.
Key information
64.1%
Debt to equity ratio
₹5.45b
Debt
| Interest coverage ratio | 6.6x |
| Cash | ₹1.15b |
| Equity | ₹8.51b |
| Total liabilities | ₹7.52b |
| Total assets | ₹16.02b |
Recent financial health updates
Is Gravita India (NSE:GRAVITA) Using Too Much Debt?
May 27
Here's Why Gravita India (NSE:GRAVITA) Can Manage Its Debt Responsibly
Aug 11We Think Gravita India (NSE:GRAVITA) Is Taking Some Risk With Its Debt
Mar 13Recent updates
After 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 30Here's Why Gravita India (NSE:GRAVITA) Can Manage Its Debt Responsibly
Aug 11I Ran A Stock Scan For Earnings Growth And Gravita India (NSE:GRAVITA) Passed With Ease
Jun 05Investors Should Be Encouraged By Gravita India's (NSE:GRAVITA) Returns On Capital
May 03Does Gravita India Limited (NSE:GRAVITA) Have A Place In Your Dividend Portfolio?
Mar 28We Think Gravita India (NSE:GRAVITA) Is Taking Some Risk With Its Debt
Mar 13CEO & Whole Time Director Yogesh Malhotra Just Bought 47% More Shares In Gravita India Limited (NSE:GRAVITA)
Feb 28Gravita India (NSE:GRAVITA) Has Gifted Shareholders With A Fantastic 291% Total Return On Their Investment
Feb 18Gravita India Limited (NSE:GRAVITA) Passed Our Checks, And It's About To Pay A ₹1.10 Dividend
Feb 03
Gravita India (NSE:GRAVITA): Are Investors Overlooking Returns On Capital?
Jan 20Is Gravita India Limited's (NSE:GRAVITA) 18% ROE Better Than Average?
Jan 07Calculating The Intrinsic Value Of Gravita India Limited (NSE:GRAVITA)
Dec 25Insider Buying: Krishan Gupta Just Spent ₹1.7m On Gravita India Limited (NSE:GRAVITA) Shares
Dec 12Financial Position Analysis
Short Term Liabilities: GRAVITA's short term assets (₹11.8B) exceed its short term liabilities (₹4.9B).
Long Term Liabilities: GRAVITA's short term assets (₹11.8B) exceed its long term liabilities (₹2.6B).
Debt to Equity History and Analysis
Debt Level: GRAVITA's net debt to equity ratio (50.5%) is considered high.
Reducing Debt: GRAVITA's debt to equity ratio has reduced from 122.7% to 64.1% over the past 5 years.
Debt Coverage: GRAVITA's debt is not well covered by operating cash flow (7.8%).
Interest Coverage: GRAVITA's interest payments on its debt are well covered by EBIT (6.6x coverage).