GTPL Hathway Balance Sheet Health
Financial Health criteria checks 5/6
GTPL Hathway has a total shareholder equity of ₹12.9B and total debt of ₹2.3B, which brings its debt-to-equity ratio to 17.7%. Its total assets and total liabilities are ₹30.5B and ₹17.7B respectively. GTPL Hathway's EBIT is ₹1.7B making its interest coverage ratio 7.6. It has cash and short-term investments of ₹1.5B.
Key information
17.7%
Debt to equity ratio
₹2.28b
Debt
Interest coverage ratio | 7.6x |
Cash | ₹1.49b |
Equity | ₹12.87b |
Total liabilities | ₹17.68b |
Total assets | ₹30.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540602's short term assets (₹7.2B) do not cover its short term liabilities (₹15.6B).
Long Term Liabilities: 540602's short term assets (₹7.2B) exceed its long term liabilities (₹2.1B).
Debt to Equity History and Analysis
Debt Level: 540602's net debt to equity ratio (6.2%) is considered satisfactory.
Reducing Debt: 540602's debt to equity ratio has reduced from 49.2% to 17.7% over the past 5 years.
Debt Coverage: 540602's debt is well covered by operating cash flow (198.5%).
Interest Coverage: 540602's interest payments on its debt are well covered by EBIT (7.6x coverage).