Greenply Industries Balance Sheet Health
Financial Health criteria checks 5/6
Greenply Industries has a total shareholder equity of ₹7.1B and total debt of ₹5.2B, which brings its debt-to-equity ratio to 73.9%. Its total assets and total liabilities are ₹16.6B and ₹9.5B respectively. Greenply Industries's EBIT is ₹1.3B making its interest coverage ratio 3.1. It has cash and short-term investments of ₹223.8M.
Key information
73.9%
Debt to equity ratio
₹5.25b
Debt
| Interest coverage ratio | 3.1x |
| Cash | ₹223.78m |
| Equity | ₹7.10b |
| Total liabilities | ₹9.54b |
| Total assets | ₹16.64b |
Recent financial health updates
Recent updates
Earnings Troubles May Signal Larger Issues for Greenply Industries (NSE:GREENPLY) Shareholders
May 28
Should 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 01
Is 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 22Earnings Update: Here's Why Analysts Just Lifted Their Greenply Industries Limited (NSE:GREENPLY) Price Target To ₹116
Nov 07How Much Of Greenply Industries Limited (NSE:GREENPLY) Do Insiders Own?
Oct 31Greenply Industries' (NSE:GREENPLY) Shareholders Are Down 70% On Their Shares
Oct 13Is Now The Time To Look At Buying Greenply Industries Limited (NSE:GREENPLY)?
Sep 25Are Dividend Investors Making A Mistake With Greenply Industries Limited (NSE:GREENPLY)?
Sep 10How Many Greenply Industries Limited (NSE:GREENPLY) Shares Did Insiders Buy, In The Last Year?
Aug 23Financial Position Analysis
Short Term Liabilities: GREENPLY's short term assets (₹6.9B) exceed its short term liabilities (₹5.4B).
Long Term Liabilities: GREENPLY's short term assets (₹6.9B) exceed its long term liabilities (₹4.2B).
Debt to Equity History and Analysis
Debt Level: GREENPLY's net debt to equity ratio (70.8%) is considered high.
Reducing Debt: GREENPLY's debt to equity ratio has reduced from 74.6% to 73.9% over the past 5 years.
Debt Coverage: GREENPLY's debt is well covered by operating cash flow (20.9%).
Interest Coverage: GREENPLY's interest payments on its debt are well covered by EBIT (3.1x coverage).