Global Surfaces Balance Sheet Health
Financial Health criteria checks 3/6
Global Surfaces has a total shareholder equity of ₹3.3B and total debt of ₹1.4B, which brings its debt-to-equity ratio to 43.5%. Its total assets and total liabilities are ₹5.2B and ₹1.9B respectively. Global Surfaces's EBIT is ₹254.1M making its interest coverage ratio 3.7. It has cash and short-term investments of ₹55.9M.
Key information
43.5%
Debt to equity ratio
₹1.45b
Debt
| Interest coverage ratio | 3.7x |
| Cash | ₹55.93m |
| Equity | ₹3.32b |
| Total liabilities | ₹1.89b |
| Total assets | ₹5.22b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: GSLSU's short term assets (₹2.0B) exceed its short term liabilities (₹902.0M).
Long Term Liabilities: GSLSU's short term assets (₹2.0B) exceed its long term liabilities (₹991.2M).
Debt to Equity History and Analysis
Debt Level: GSLSU's net debt to equity ratio (41.8%) is considered high.
Reducing Debt: Insufficient data to determine if GSLSU's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GSLSU's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GSLSU's interest payments on its debt are well covered by EBIT (3.7x coverage).