Godavari Drugs Balance Sheet Health
Financial Health criteria checks 3/6
Godavari Drugs has a total shareholder equity of ₹416.9M and total debt of ₹588.3M, which brings its debt-to-equity ratio to 141.1%. Its total assets and total liabilities are ₹1.3B and ₹858.1M respectively. Godavari Drugs's EBIT is ₹124.5M making its interest coverage ratio 2.5. It has cash and short-term investments of ₹29.8M.
Key information
141.1%
Debt to equity ratio
₹588.30m
Debt
| Interest coverage ratio | 2.5x |
| Cash | ₹29.78m |
| Equity | ₹416.86m |
| Total liabilities | ₹858.08m |
| Total assets | ₹1.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530317's short term assets (₹733.1M) exceed its short term liabilities (₹633.4M).
Long Term Liabilities: 530317's short term assets (₹733.1M) exceed its long term liabilities (₹224.6M).
Debt to Equity History and Analysis
Debt Level: 530317's net debt to equity ratio (134%) is considered high.
Reducing Debt: 530317's debt to equity ratio has increased from 129.5% to 141.1% over the past 5 years.
Debt Coverage: 530317's debt is well covered by operating cash flow (23.7%).
Interest Coverage: 530317's interest payments on its debt are not well covered by EBIT (2.5x coverage).