Gayatri Rubbers and Chemicals Balance Sheet Health
Financial Health criteria checks 4/6
Gayatri Rubbers and Chemicals has a total shareholder equity of ₹112.7M and total debt of ₹5.2M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are ₹128.5M and ₹15.9M respectively. Gayatri Rubbers and Chemicals's EBIT is ₹23.9M making its interest coverage ratio 7.5. It has cash and short-term investments of ₹4.1M.
Key information
4.6%
Debt to equity ratio
₹5.19m
Debt
| Interest coverage ratio | 7.5x |
| Cash | ₹4.13m |
| Equity | ₹112.67m |
| Total liabilities | ₹15.88m |
| Total assets | ₹128.54m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: GRCL's short term assets (₹104.4M) exceed its short term liabilities (₹11.7M).
Long Term Liabilities: GRCL's short term assets (₹104.4M) exceed its long term liabilities (₹4.2M).
Debt to Equity History and Analysis
Debt Level: GRCL's net debt to equity ratio (0.9%) 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 operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GRCL's interest payments on its debt are well covered by EBIT (7.5x coverage).