Garware Hi-Tech Films Balance Sheet Health
Financial Health criteria checks 6/6
Garware Hi-Tech Films has a total shareholder equity of ₹22.3B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹25.2B and ₹2.9B respectively. Garware Hi-Tech Films's EBIT is ₹3.7B making its interest coverage ratio 173.9. It has cash and short-term investments of ₹5.5B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 173.9x |
| Cash | ₹5.54b |
| Equity | ₹22.29b |
| Total liabilities | ₹2.86b |
| Total assets | ₹25.15b |
Recent financial health updates
Garware Hi-Tech Films (NSE:GRWRHITECH) Seems To Use Debt Rather Sparingly
Oct 01
Is Garware Hi-Tech Films (NSE:GRWRHITECH) A Risky Investment?
Feb 09Recent updates
Garware Hi-Tech Films Limited's (NSE:GRWRHITECH) Shares Climb 31% But Its Business Is Yet to Catch Up
Nov 30Garware Hi-Tech Films (NSE:GRWRHITECH) Is Doing The Right Things To Multiply Its Share Price
Nov 06Subdued Growth No Barrier To Garware Hi-Tech Films Limited (NSE:GRWRHITECH) With Shares Advancing 27%
Oct 16Garware Hi-Tech Films (NSE:GRWRHITECH) Seems To Use Debt Rather Sparingly
Oct 01Garware Hi-Tech Films (NSE:GRWRHITECH) Has Announced A Dividend Of ₹10.00
Sep 03With EPS Growth And More, Garware Hi-Tech Films (NSE:GRWRHITECH) Makes An Interesting Case
Aug 30Improved Earnings Required Before Garware Hi-Tech Films Limited (NSE:GRWRHITECH) Stock's 36% Jump Looks Justified
Aug 10Investors Will Want Garware Hi-Tech Films' (NSE:GRWRHITECH) Growth In ROCE To Persist
Jul 13The Market Doesn't Like What It Sees From Garware Hi-Tech Films Limited's (NSE:GRWRHITECH) Earnings Yet
May 31Garware Hi-Tech Films Limited (NSE:GRWRHITECH) Surges 27% Yet Its Low P/E Is No Reason For Excitement
Feb 24Is Garware Hi-Tech Films (NSE:GRWRHITECH) A Risky Investment?
Feb 09Garware Hi-Tech Films Limited (NSE:GRWRHITECH) Screens Well But There Might Be A Catch
Jan 09Garware Hi-Tech Films (NSE:GRWRHITECH) Is Paying Out A Dividend Of ₹10.00
Sep 11Garware Hi-Tech Films' (NSE:GRWRHITECH) Dividend Will Be ₹10.00
Aug 28Garware Hi-Tech Films (NSE:GRWRHITECH) Will Pay A Dividend Of ₹10.00
Aug 14Garware Hi-Tech Films (NSE:GRWRHITECH) Might Have The Makings Of A Multi-Bagger
Jul 29Returns At Garware Hi-Tech Films (NSE:GRWRHITECH) Are On The Way Up
Mar 18Garware Hi-Tech Films (NSE:GRWRHITECH) Strong Profits May Be Masking Some Underlying Issues
Nov 19Market Still Lacking Some Conviction On Garware Hi-Tech Films Limited (NSE:GRWRHITECH)
Feb 28Financial Position Analysis
Short Term Liabilities: GRWRHITECH's short term assets (₹9.4B) exceed its short term liabilities (₹2.3B).
Long Term Liabilities: GRWRHITECH's short term assets (₹9.4B) exceed its long term liabilities (₹571.7M).
Debt to Equity History and Analysis
Debt Level: GRWRHITECH is debt free.
Reducing Debt: GRWRHITECH has no debt compared to 5 years ago when its debt to equity ratio was 8.8%.
Debt Coverage: GRWRHITECH has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GRWRHITECH has no debt, therefore coverage of interest payments is not a concern.