Ganesh Housing Balance Sheet Health
Financial Health criteria checks 6/6
Ganesh Housing has a total shareholder equity of ₹13.4B and total debt of ₹266.7M, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are ₹16.6B and ₹3.2B respectively. Ganesh Housing's EBIT is ₹5.7B making its interest coverage ratio -123.1. It has cash and short-term investments of ₹773.4M.
Key information
2.0%
Debt to equity ratio
₹266.69m
Debt
Interest coverage ratio | -123.1x |
Cash | ₹773.41m |
Equity | ₹13.37b |
Total liabilities | ₹3.20b |
Total assets | ₹16.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526367's short term assets (₹11.3B) exceed its short term liabilities (₹2.9B).
Long Term Liabilities: 526367's short term assets (₹11.3B) exceed its long term liabilities (₹280.5M).
Debt to Equity History and Analysis
Debt Level: 526367 has more cash than its total debt.
Reducing Debt: 526367's debt to equity ratio has reduced from 76.4% to 2% over the past 5 years.
Debt Coverage: 526367's debt is well covered by operating cash flow (2006.5%).
Interest Coverage: 526367 earns more interest than it pays, so coverage of interest payments is not a concern.