Garnet Construction Balance Sheet Health
Financial Health criteria checks 4/6
Garnet Construction has a total shareholder equity of ₹952.6M and total debt of ₹120.7M, which brings its debt-to-equity ratio to 12.7%. Its total assets and total liabilities are ₹1.6B and ₹694.1M respectively.
Key information
12.7%
Debt to equity ratio
₹120.74m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹466.30k |
| Equity | ₹952.56m |
| Total liabilities | ₹694.10m |
| Total assets | ₹1.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526727's short term assets (₹1.6B) exceed its short term liabilities (₹564.2M).
Long Term Liabilities: 526727's short term assets (₹1.6B) exceed its long term liabilities (₹129.9M).
Debt to Equity History and Analysis
Debt Level: 526727's net debt to equity ratio (12.6%) is considered satisfactory.
Reducing Debt: 526727's debt to equity ratio has reduced from 58.7% to 12.7% over the past 5 years.
Debt Coverage: 526727's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 526727's interest payments on its debt are well covered by EBIT.