Greenpanel Industries Balance Sheet Health
Financial Health criteria checks 6/6
Greenpanel Industries has a total shareholder equity of ₹13.5B and total debt of ₹3.0B, which brings its debt-to-equity ratio to 22%. Its total assets and total liabilities are ₹19.5B and ₹6.0B respectively. Greenpanel Industries's EBIT is ₹1.0B making its interest coverage ratio -10.3. It has cash and short-term investments of ₹2.0B.
Key information
22.0%
Debt to equity ratio
₹2.97b
Debt
| Interest coverage ratio | -10.3x |
| Cash | ₹2.01b |
| Equity | ₹13.51b |
| Total liabilities | ₹6.01b |
| Total assets | ₹19.53b |
Recent financial health updates
Greenpanel Industries (NSE:GREENPANEL) Has A Rock Solid Balance Sheet
Dec 08
Greenpanel Industries (NSE:GREENPANEL) Seems To Use Debt Quite Sensibly
Jan 27
Recent updates
Why Greenpanel Industries' (NSE:GREENPANEL) Shaky Earnings Are Just The Beginning Of Its Problems
Nov 08Greenpanel Industries (NSE:GREENPANEL) Is Experiencing Growth In Returns On Capital
Aug 04We Think That There Are More Issues For Greenpanel Industries (NSE:GREENPANEL) Than Just Sluggish Earnings
May 09Earnings Miss: Greenpanel Industries Limited Missed EPS By 11% And Analysts Are Revising Their Forecasts
May 05Is It Time To Consider Buying Greenpanel Industries Limited (NSE:GREENPANEL)?
Mar 15What Does Greenpanel Industries Limited's (NSE:GREENPANEL) Share Price Indicate?
Aug 26Greenpanel Industries (NSE:GREENPANEL) Is Due To Pay A Dividend Of ₹1.50
Feb 02Why Greenpanel Industries Limited (NSE:GREENPANEL) Could Be Worth Watching
Oct 13Here's Why We Think Greenpanel Industries (NSE:GREENPANEL) Might Deserve Your Attention Today
Jul 27Greenpanel Industries (NSE:GREENPANEL) Is Very Good At Capital Allocation
May 26Is It Too Late To Consider Buying Greenpanel Industries Limited (NSE:GREENPANEL)?
Mar 29Greenpanel Industries (NSE:GREENPANEL) Has A Rock Solid Balance Sheet
Dec 08Do Greenpanel Industries's (NSE:GREENPANEL) Earnings Warrant Your Attention?
May 19There's Been No Shortage Of Growth Recently For Greenpanel Industries' (NSE:GREENPANEL) Returns On Capital
Apr 08What Kind Of Shareholders Hold The Majority In Greenpanel Industries Limited's (NSE:GREENPANEL) Shares?
Mar 18Janaki Venkatramani of Greenpanel Industries Limited (NSE:GREENPANEL) Just Spent ₹2.7m On Shares
Mar 18Greenpanel Industries (NSE:GREENPANEL) Shareholders Have Enjoyed An Impressive 267% Share Price Gain
Mar 01Company Secretary Lawkush Prasad Just Bought 100% More Shares In Greenpanel Industries Limited (NSE:GREENPANEL)
Feb 11Greenpanel Industries Limited (NSE:GREENPANEL) Just Reported Third-Quarter Earnings And Analysts Are Lifting Their Estimates
Jan 29Bullish: Analysts Just Made An Incredible Upgrade To Their Greenpanel Industries Limited (NSE:GREENPANEL) Forecasts
Jan 28Greenpanel Industries (NSE:GREENPANEL) Seems To Use Debt Quite Sensibly
Jan 27Need To Know: Greenpanel Industries Limited (NSE:GREENPANEL) Insiders Have Been Buying Shares
Jan 06What Kind Of Shareholders Hold The Majority In Greenpanel Industries Limited's (NSE:GREENPANEL) Shares?
Dec 16Is Greenpanel Industries (NSE:GREENPANEL) A Future Multi-bagger?
Nov 25Shareholders Are Thrilled That The Greenpanel Industries (NSE:GREENPANEL) Share Price Increased 142%
Nov 04Greenpanel Industries Limited's (NSE:GREENPANEL) Intrinsic Value Is Potentially 22% Below Its Share Price
Oct 09Financial Position Analysis
Short Term Liabilities: GREENPANEL's short term assets (₹4.9B) exceed its short term liabilities (₹2.2B).
Long Term Liabilities: GREENPANEL's short term assets (₹4.9B) exceed its long term liabilities (₹3.9B).
Debt to Equity History and Analysis
Debt Level: GREENPANEL's net debt to equity ratio (7.2%) is considered satisfactory.
Reducing Debt: GREENPANEL's debt to equity ratio has reduced from 77% to 22% over the past 5 years.
Debt Coverage: GREENPANEL's debt is well covered by operating cash flow (44.4%).
Interest Coverage: GREENPANEL earns more interest than it pays, so coverage of interest payments is not a concern.