Granules India Balance Sheet Health
Financial Health criteria checks 6/6
Granules India has a total shareholder equity of ₹29.7B and total debt of ₹13.8B, which brings its debt-to-equity ratio to 46.5%. Its total assets and total liabilities are ₹52.6B and ₹23.0B respectively. Granules India's EBIT is ₹6.3B making its interest coverage ratio 8.9. It has cash and short-term investments of ₹3.1B.
Key information
46.5%
Debt to equity ratio
₹13.80b
Debt
| Interest coverage ratio | 8.9x |
| Cash | ₹3.12b |
| Equity | ₹29.67b |
| Total liabilities | ₹22.97b |
| Total assets | ₹52.65b |
Recent financial health updates
Granules India (NSE:GRANULES) Has A Pretty Healthy Balance Sheet
Nov 13
Does Granules India (NSE:GRANULES) Have A Healthy Balance Sheet?
May 19Granules India (NSE:GRANULES) Has A Pretty Healthy Balance Sheet
Jan 19Does Granules India (NSE:GRANULES) Have A Healthy Balance Sheet?
Oct 01Is Granules India (NSE:GRANULES) A Risky Investment?
Jun 28These 4 Measures Indicate That Granules India (NSE:GRANULES) Is Using Debt Reasonably Well
Dec 21Recent updates
Investors Holding Back On Granules India Limited (NSE:GRANULES)
Apr 08Granules India Limited Just Missed Revenue By 6.4%: Here's What Analysts Think Will Happen Next
Jan 26Many Still Looking Away From Granules India Limited (NSE:GRANULES)
Dec 28Granules India (NSE:GRANULES) Has A Pretty Healthy Balance Sheet
Nov 13A Look At The Fair Value Of Granules India Limited (NSE:GRANULES)
Oct 24Does Granules India (NSE:GRANULES) Have A Healthy Balance Sheet?
May 19Should You Be Adding Granules India (NSE:GRANULES) To Your Watchlist Today?
Mar 29Granules India (NSE:GRANULES) Has A Pretty Healthy Balance Sheet
Jan 19Does Granules India (NSE:GRANULES) Have A Healthy Balance Sheet?
Oct 01Estimating The Intrinsic Value Of Granules India Limited (NSE:GRANULES)
Aug 18Granules India (NSE:GRANULES) Is Due To Pay A Dividend Of ₹0.75
Jul 14Is Granules India (NSE:GRANULES) A Risky Investment?
Jun 28Granules India (NSE:GRANULES) Will Pay A Dividend Of ₹0.75
Jun 09Estimating The Fair Value Of Granules India Limited (NSE:GRANULES)
May 06Granules India (NSE:GRANULES) Is Due To Pay A Dividend Of ₹0.25
Feb 10Calculating The Intrinsic Value Of Granules India Limited (NSE:GRANULES)
Feb 02Here's Why We Think Granules India (NSE:GRANULES) Is Well Worth Watching
Jan 20These 4 Measures Indicate That Granules India (NSE:GRANULES) Is Using Debt Reasonably Well
Dec 21Here's Why I Think Granules India (NSE:GRANULES) Is An Interesting Stock
Aug 18Granules India (NSE:GRANULES) Will Pay A Dividend Of ₹0.25
Aug 03Is Granules India (NSE:GRANULES) Using Too Much Debt?
Jun 11Why Granules India Limited (NSE:GRANULES) Is A Dividend Rockstar
May 02Does This Valuation Of Granules India Limited (NSE:GRANULES) Imply Investors Are Overpaying?
Mar 26What Kind Of Investors Own Most Of Granules India Limited (NSE:GRANULES)?
Mar 14These 4 Measures Indicate That Granules India (NSE:GRANULES) Is Using Debt Reasonably Well
Mar 01Granules India Limited (NSE:GRANULES) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Feb 16Why You Might Be Interested In Granules India Limited (NSE:GRANULES) For Its Upcoming Dividend
Feb 03Analysts Have Made A Financial Statement On Granules India Limited's (NSE:GRANULES) Third-Quarter Report
Jan 30Here's Why We Think Granules India (NSE:GRANULES) Is Well Worth Watching
Jan 20
Have Insiders Sold Granules India Limited (NSE:GRANULES) Shares Recently?
Jan 07Announcing: Granules India (NSE:GRANULES) Stock Increased An Energizing 198% In The Last Year
Dec 28Granules India Limited's (NSE:GRANULES) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
Dec 15Could The Granules India Limited (NSE:GRANULES) Ownership Structure Tell Us Something Useful?
Dec 02Financial Position Analysis
Short Term Liabilities: GRANULES's short term assets (₹27.9B) exceed its short term liabilities (₹20.7B).
Long Term Liabilities: GRANULES's short term assets (₹27.9B) exceed its long term liabilities (₹2.3B).
Debt to Equity History and Analysis
Debt Level: GRANULES's net debt to equity ratio (36%) is considered satisfactory.
Reducing Debt: GRANULES's debt to equity ratio has reduced from 77.6% to 46.5% over the past 5 years.
Debt Coverage: GRANULES's debt is well covered by operating cash flow (27.3%).
Interest Coverage: GRANULES's interest payments on its debt are well covered by EBIT (8.9x coverage).