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
Is Ganesh Housing (NSE:GANESHHOUC) A Risky Investment?
Sep 24
Ganesh Housing (NSE:GANESHHOUC) Could Easily Take On More Debt
Feb 10Ganesh Housing (NSE:GANESHHOUC) Could Easily Take On More Debt
Sep 27Is Ganesh Housing (NSE:GANESHHOUC) Using Too Much Debt?
Jun 21Ganesh Housing (NSE:GANESHHOUC) Seems To Use Debt Quite Sensibly
Mar 02These 4 Measures Indicate That Ganesh Housing (NSE:GANESHHOUC) Is Using Debt Reasonably Well
Oct 20Recent updates
There's No Escaping Ganesh Housing Corporation Limited's (NSE:GANESHHOUC) Muted Earnings Despite A 27% Share Price Rise
Oct 17Is Ganesh Housing (NSE:GANESHHOUC) A Risky Investment?
Sep 24It Looks Like The CEO Of Ganesh Housing Corporation Limited (NSE:GANESHHOUC) May Be Underpaid Compared To Peers
Sep 03Ganesh Housing (NSE:GANESHHOUC) Has Announced That It Will Be Increasing Its Dividend To ₹11.00
Aug 11Ganesh Housing's (NSE:GANESHHOUC) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 23Ganesh Housing's (NSE:GANESHHOUC) Dividend Will Be Increased To ₹11.00
Jul 04There Is A Reason Ganesh Housing Corporation Limited's (NSE:GANESHHOUC) Price Is Undemanding
May 24Calculating The Fair Value Of Ganesh Housing Corporation Limited (NSE:GANESHHOUC)
May 03Should You Be Adding Ganesh Housing (NSE:GANESHHOUC) To Your Watchlist Today?
Feb 28Ganesh Housing (NSE:GANESHHOUC) Could Easily Take On More Debt
Feb 10There's No Escaping Ganesh Housing Corporation Limited's (NSE:GANESHHOUC) Muted Earnings Despite A 30% Share Price Rise
Jan 18Here's Why We Think Ganesh Housing (NSE:GANESHHOUC) Might Deserve Your Attention Today
Oct 24Ganesh Housing (NSE:GANESHHOUC) Could Easily Take On More Debt
Sep 27Is Ganesh Housing (NSE:GANESHHOUC) Using Too Much Debt?
Jun 21Ganesh Housing (NSE:GANESHHOUC) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 20Ganesh Housing (NSE:GANESHHOUC) Seems To Use Debt Quite Sensibly
Mar 02These 4 Measures Indicate That Ganesh Housing (NSE:GANESHHOUC) Is Using Debt Reasonably Well
Oct 20Is Ganesh Housing (NSE:GANESHHOUC) A Risky Investment?
Jan 25What Can We Conclude About Ganesh Housing's (NSE:GANESHHOUC) CEO Pay?
Dec 03
What Can We Conclude About Ganesh Housing's (NSE:GANESHHOUC) CEO Pay?
Sep 02Investors In Ganesh Housing Corporation Limited (NSE:GANESHHOUC) Should Consider This, First
Jul 27Financial Position Analysis
Short Term Liabilities: GANESHHOUC's short term assets (₹5.9B) exceed its short term liabilities (₹2.3B).
Long Term Liabilities: GANESHHOUC's short term assets (₹5.9B) exceed its long term liabilities (₹52.0M).
Debt to Equity History and Analysis
Debt Level: GANESHHOUC has more cash than its total debt.
Reducing Debt: GANESHHOUC's debt to equity ratio has reduced from 73.6% to 2.4% over the past 5 years.
Debt Coverage: GANESHHOUC's debt is well covered by operating cash flow (1385.4%).
Interest Coverage: GANESHHOUC earns more interest than it pays, so coverage of interest payments is not a concern.