Greenply Industries Balance Sheet Health
Financial Health criteria checks 5/6
Greenply Industries has a total shareholder equity of ₹7.5B and total debt of ₹4.3B, which brings its debt-to-equity ratio to 56.5%. Its total assets and total liabilities are ₹16.9B and ₹9.4B respectively. Greenply Industries's EBIT is ₹1.7B making its interest coverage ratio 4.2. It has cash and short-term investments of ₹798.5M.
Key information
56.5%
Debt to equity ratio
₹4.26b
Debt
| Interest coverage ratio | 4.2x |
| Cash | ₹798.49m |
| Equity | ₹7.55b |
| Total liabilities | ₹9.38b |
| Total assets | ₹16.93b |
Recent financial health updates
Is Greenply Industries (NSE:GREENPLY) Using Too Much Debt?
Aug 01
Greenply Industries (NSE:GREENPLY) Has A Somewhat Strained Balance Sheet
Dec 27
Recent updates
Why Investors Shouldn't Be Surprised By Greenply Industries Limited's (NSE:GREENPLY) 30% Share Price Surge
Aug 22Is Greenply Industries (NSE:GREENPLY) Using Too Much Debt?
Aug 01Greenply Industries Limited's (NSE:GREENPLY) 29% Jump Shows Its Popularity With Investors
Jul 02Earnings Troubles May Signal Larger Issues for Greenply Industries (NSE:GREENPLY) Shareholders
May 28Should You Investigate Greenply Industries Limited (NSE:GREENPLY) At ₹267?
Apr 07With Greenply Industries Limited (NSE:GREENPLY) It Looks Like You'll Get What You Pay For
Dec 20Shareholders May Not Be So Generous With Greenply Industries Limited's (NSE:GREENPLY) CEO Compensation And Here's Why
Sep 14Greenply Industries (NSE:GREENPLY) Has Affirmed Its Dividend Of ₹0.50
Jul 14Greenply Industries (NSE:GREENPLY) Has Announced That It Will Be Increasing Its Dividend To ₹0.50
Aug 11Greenply Industries' (NSE:GREENPLY) Dividend Will Be Increased To ₹0.50
Jul 28Greenply Industries (NSE:GREENPLY) Has Announced That It Will Be Increasing Its Dividend To ₹0.50
Jul 14Is It Time To Consider Buying Greenply Industries Limited (NSE:GREENPLY)?
Oct 18Who Has Been Buying Greenply Industries Limited (NSE:GREENPLY) Shares?
Mar 08What Type Of Returns Would Greenply Industries'(NSE:GREENPLY) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Feb 18What Type Of Shareholders Make Up Greenply Industries Limited's (NSE:GREENPLY) Share Registry?
Feb 01Is Greenply Industries Limited's (NSE:GREENPLY) 0.3% Dividend Worth Your Time?
Jan 14Greenply Industries (NSE:GREENPLY) Has A Somewhat Strained Balance Sheet
Dec 27Greenply Industries Limited (NSE:GREENPLY) Stock Is Going Strong But Fundamentals Look Uncertain: What Lies Ahead ?
Dec 10Rajesh Mittal Is The Chairman & MD of Greenply Industries Limited (NSE:GREENPLY) And They Just Picked Up 24% More Shares
Nov 22Financial Position Analysis
Short Term Liabilities: GREENPLY's short term assets (₹7.2B) exceed its short term liabilities (₹5.4B).
Long Term Liabilities: GREENPLY's short term assets (₹7.2B) exceed its long term liabilities (₹3.9B).
Debt to Equity History and Analysis
Debt Level: GREENPLY's net debt to equity ratio (45.9%) is considered high.
Reducing Debt: GREENPLY's debt to equity ratio has reduced from 67.2% to 56.5% over the past 5 years.
Debt Coverage: GREENPLY's debt is well covered by operating cash flow (69.8%).
Interest Coverage: GREENPLY's interest payments on its debt are well covered by EBIT (4.2x coverage).