Gujarat Toolroom Balance Sheet Health
Financial Health criteria checks 6/6
Gujarat Toolroom has a total shareholder equity of ₹773.2M and total debt of ₹2.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ₹4.8B and ₹4.1B respectively. Gujarat Toolroom's EBIT is ₹714.4M making its interest coverage ratio -6266.4. It has cash and short-term investments of ₹82.9M.
Key information
0.3%
Debt to equity ratio
₹1.99m
Debt
Interest coverage ratio | -6266.4x |
Cash | ₹82.94m |
Equity | ₹773.18m |
Total liabilities | ₹4.07b |
Total assets | ₹4.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513337's short term assets (₹4.8B) exceed its short term liabilities (₹4.1B).
Long Term Liabilities: 513337 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 513337 has more cash than its total debt.
Reducing Debt: 513337's debt to equity ratio has reduced from 9.4% to 0.3% over the past 5 years.
Debt Coverage: 513337's debt is well covered by operating cash flow (16189.4%).
Interest Coverage: 513337 earns more interest than it pays, so coverage of interest payments is not a concern.