Gothi Plascon (India) Balance Sheet Health
Financial Health criteria checks 6/6
Gothi Plascon (India) has a total shareholder equity of ₹126.4M and total debt of ₹777.0K, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are ₹160.0M and ₹33.6M respectively. Gothi Plascon (India)'s EBIT is ₹19.3M making its interest coverage ratio 27.6. It has cash and short-term investments of ₹8.3M.
Key information
0.6%
Debt to equity ratio
₹777.00k
Debt
| Interest coverage ratio | 27.6x |
| Cash | ₹8.33m |
| Equity | ₹126.40m |
| Total liabilities | ₹33.60m |
| Total assets | ₹160.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531111's short term assets (₹90.9M) exceed its short term liabilities (₹8.7M).
Long Term Liabilities: 531111's short term assets (₹90.9M) exceed its long term liabilities (₹24.9M).
Debt to Equity History and Analysis
Debt Level: 531111 has more cash than its total debt.
Reducing Debt: 531111's debt to equity ratio has reduced from 17.9% to 0.6% over the past 5 years.
Debt Coverage: 531111's debt is well covered by operating cash flow (2705.3%).
Interest Coverage: 531111's interest payments on its debt are well covered by EBIT (27.6x coverage).