Gujarat Credit Balance Sheet Health
Financial Health criteria checks 3/6
Gujarat Credit has a total shareholder equity of ₹140.1M and total debt of ₹187.6M, which brings its debt-to-equity ratio to 133.9%. Its total assets and total liabilities are ₹328.3M and ₹188.3M respectively. Gujarat Credit's EBIT is ₹1.4M making its interest coverage ratio -69.3. It has cash and short-term investments of ₹165.0K.
Key information
133.9%
Debt to equity ratio
₹187.58m
Debt
Interest coverage ratio | -69.3x |
Cash | ₹165.00k |
Equity | ₹140.07m |
Total liabilities | ₹188.25m |
Total assets | ₹328.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 511441's short term assets (₹3.1M) exceed its short term liabilities (₹606.0K).
Long Term Liabilities: 511441's short term assets (₹3.1M) do not cover its long term liabilities (₹187.6M).
Debt to Equity History and Analysis
Debt Level: 511441's net debt to equity ratio (133.8%) is considered high.
Reducing Debt: 511441's debt to equity ratio has reduced from 140% to 133.9% over the past 5 years.
Debt Coverage: 511441's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 511441 earns more interest than it pays, so coverage of interest payments is not a concern.