Gayatri Rubbers and Chemicals Balance Sheet Health
Financial Health criteria checks 5/6
Gayatri Rubbers and Chemicals has a total shareholder equity of ₹125.4M and total debt of ₹8.0M, which brings its debt-to-equity ratio to 6.4%. Its total assets and total liabilities are ₹185.1M and ₹59.7M respectively. Gayatri Rubbers and Chemicals's EBIT is ₹33.7M making its interest coverage ratio 10.5. It has cash and short-term investments of ₹720.6K.
Key information
6.4%
Debt to equity ratio
₹8.04m
Debt
| Interest coverage ratio | 10.5x |
| Cash | ₹720.60k |
| Equity | ₹125.38m |
| Total liabilities | ₹59.67m |
| Total assets | ₹185.05m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: GRCL's short term assets (₹161.6M) exceed its short term liabilities (₹53.8M).
Long Term Liabilities: GRCL's short term assets (₹161.6M) exceed its long term liabilities (₹5.9M).
Debt to Equity History and Analysis
Debt Level: GRCL's net debt to equity ratio (5.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if GRCL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GRCL's debt is well covered by operating cash flow (124.9%).
Interest Coverage: GRCL's interest payments on its debt are well covered by EBIT (10.5x coverage).