Glenmark Life Sciences Limited

NSEI:GLS Stock Report

Market Cap: ₹103.9b

Glenmark Life Sciences Balance Sheet Health

Financial Health criteria checks 6/6

Glenmark Life Sciences has a total shareholder equity of ₹23.3B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹28.5B and ₹5.2B respectively. Glenmark Life Sciences's EBIT is ₹6.2B making its interest coverage ratio 401.5. It has cash and short-term investments of ₹3.0B.

Key information

0%

Debt to equity ratio

₹0

Debt

Interest coverage ratio401.5x
Cash₹3.02b
Equity₹23.32b
Total liabilities₹5.18b
Total assets₹28.50b

Recent financial health updates

No updates

Recent updates

Glenmark Life Sciences Limited Recorded A 7.3% Miss On Revenue: Analysts Are Revisiting Their Models

Aug 07
Glenmark Life Sciences Limited Recorded A 7.3% Miss On Revenue: Analysts Are Revisiting Their Models

A Look At The Fair Value Of Glenmark Life Sciences Limited (NSE:GLS)

May 10
A Look At The Fair Value Of Glenmark Life Sciences Limited (NSE:GLS)

Why Investors Shouldn't Be Surprised By Glenmark Life Sciences Limited's (NSE:GLS) Low P/E

Feb 15
Why Investors Shouldn't Be Surprised By Glenmark Life Sciences Limited's (NSE:GLS) Low P/E

Financial Position Analysis

Short Term Liabilities: GLS's short term assets (₹19.2B) exceed its short term liabilities (₹4.4B).

Long Term Liabilities: GLS's short term assets (₹19.2B) exceed its long term liabilities (₹793.2M).


Debt to Equity History and Analysis

Debt Level: GLS is debt free.

Reducing Debt: GLS has no debt compared to 5 years ago when its debt to equity ratio was 1318.8%.

Debt Coverage: GLS has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: GLS has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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