Godavari Drugs Balance Sheet Health
Financial Health criteria checks 3/6
Godavari Drugs has a total shareholder equity of ₹389.7M and total debt of ₹556.2M, which brings its debt-to-equity ratio to 142.8%. Its total assets and total liabilities are ₹1.3B and ₹957.9M respectively. Godavari Drugs's EBIT is ₹119.3M making its interest coverage ratio 2.4. It has cash and short-term investments of ₹26.2M.
Key information
142.8%
Debt to equity ratio
₹556.25m
Debt
Interest coverage ratio | 2.4x |
Cash | ₹26.23m |
Equity | ₹389.66m |
Total liabilities | ₹957.86m |
Total assets | ₹1.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530317's short term assets (₹884.8M) exceed its short term liabilities (₹820.0M).
Long Term Liabilities: 530317's short term assets (₹884.8M) exceed its long term liabilities (₹137.9M).
Debt to Equity History and Analysis
Debt Level: 530317's net debt to equity ratio (136%) is considered high.
Reducing Debt: 530317's debt to equity ratio has increased from 120.8% to 142.8% over the past 5 years.
Debt Coverage: 530317's debt is well covered by operating cash flow (33.1%).
Interest Coverage: 530317's interest payments on its debt are not well covered by EBIT (2.4x coverage).