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 ₹321.8M, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are ₹15.8B and ₹2.4B respectively. Ganesh Housing's EBIT is ₹6.3B making its interest coverage ratio -95.7. It has cash and short-term investments of ₹1.2B.
Key information
2.4%
Debt to equity ratio
₹321.80m
Debt
| Interest coverage ratio | -95.7x |
| Cash | ₹1.24b |
| Equity | ₹13.37b |
| Total liabilities | ₹2.39b |
| Total assets | ₹15.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526367's short term assets (₹5.9B) exceed its short term liabilities (₹2.3B).
Long Term Liabilities: 526367's short term assets (₹5.9B) exceed its long term liabilities (₹52.0M).
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 73.6% to 2.4% over the past 5 years.
Debt Coverage: 526367's debt is well covered by operating cash flow (1385.4%).
Interest Coverage: 526367 earns more interest than it pays, so coverage of interest payments is not a concern.