Gothi Plascon India Balance Sheet Health
Financial Health criteria checks 5/6
Gothi Plascon India has a total shareholder equity of ₹133.7M and total debt of ₹2.1M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are ₹162.7M and ₹29.0M respectively. Gothi Plascon India's EBIT is ₹22.5M making its interest coverage ratio 69.2. It has cash and short-term investments of ₹4.7M.
Key information
1.6%
Debt to equity ratio
₹2.09m
Debt
Interest coverage ratio | 69.2x |
Cash | ₹4.68m |
Equity | ₹133.70m |
Total liabilities | ₹29.04m |
Total assets | ₹162.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531111's short term assets (₹95.9M) exceed its short term liabilities (₹5.9M).
Long Term Liabilities: 531111's short term assets (₹95.9M) exceed its long term liabilities (₹23.1M).
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 increased from 0% to 1.6% over the past 5 years.
Debt Coverage: 531111's debt is well covered by operating cash flow (1037.3%).
Interest Coverage: 531111's interest payments on its debt are well covered by EBIT (69.2x coverage).