Gujarat Terce Laboratories Balance Sheet Health
Financial Health criteria checks 1/6
Gujarat Terce Laboratories has a total shareholder equity of ₹58.9M and total debt of ₹57.1M, which brings its debt-to-equity ratio to 96.9%. Its total assets and total liabilities are ₹254.6M and ₹195.7M respectively.
Key information
96.9%
Debt to equity ratio
₹57.09m
Debt
Interest coverage ratio | n/a |
Cash | ₹893.00k |
Equity | ₹58.90m |
Total liabilities | ₹195.71m |
Total assets | ₹254.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524314's short term assets (₹131.6M) do not cover its short term liabilities (₹140.4M).
Long Term Liabilities: 524314's short term assets (₹131.6M) exceed its long term liabilities (₹55.3M).
Debt to Equity History and Analysis
Debt Level: 524314's net debt to equity ratio (95.4%) is considered high.
Reducing Debt: 524314's debt to equity ratio has increased from 24.5% to 96.9% over the past 5 years.
Debt Coverage: 524314's debt is not well covered by operating cash flow (4%).
Interest Coverage: Insufficient data to determine if 524314's interest payments on its debt are well covered by EBIT.