Gujarat Themis Biosyn Balance Sheet Health
Financial Health criteria checks 6/6
Gujarat Themis Biosyn has a total shareholder equity of ₹2.2B and total debt of ₹13.6M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are ₹2.5B and ₹247.2M respectively. Gujarat Themis Biosyn's EBIT is ₹680.5M making its interest coverage ratio -18.5. It has cash and short-term investments of ₹181.1M.
Key information
0.6%
Debt to equity ratio
₹13.63m
Debt
| Interest coverage ratio | -18.5x |
| Cash | ₹181.09m |
| Equity | ₹2.23b |
| Total liabilities | ₹247.15m |
| Total assets | ₹2.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 506879's short term assets (₹522.5M) exceed its short term liabilities (₹206.8M).
Long Term Liabilities: 506879's short term assets (₹522.5M) exceed its long term liabilities (₹40.4M).
Debt to Equity History and Analysis
Debt Level: 506879 has more cash than its total debt.
Reducing Debt: 506879's debt to equity ratio has reduced from 65.2% to 0.6% over the past 5 years.
Debt Coverage: 506879's debt is well covered by operating cash flow (6511.5%).
Interest Coverage: 506879 earns more interest than it pays, so coverage of interest payments is not a concern.