Ganesh Green Bharat Balance Sheet Health
Financial Health criteria checks 3/6
Ganesh Green Bharat has a total shareholder equity of ₹588.3M and total debt of ₹537.0M, which brings its debt-to-equity ratio to 91.3%. Its total assets and total liabilities are ₹1.5B and ₹914.6M respectively. Ganesh Green Bharat's EBIT is ₹331.9M making its interest coverage ratio 7.9. It has cash and short-term investments of ₹6.2M.
Key information
91.3%
Debt to equity ratio
₹537.02m
Debt
Interest coverage ratio | 7.9x |
Cash | ₹6.16m |
Equity | ₹588.33m |
Total liabilities | ₹914.65m |
Total assets | ₹1.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GGBL's short term assets (₹1.2B) exceed its short term liabilities (₹629.0M).
Long Term Liabilities: GGBL's short term assets (₹1.2B) exceed its long term liabilities (₹285.6M).
Debt to Equity History and Analysis
Debt Level: GGBL's net debt to equity ratio (90.2%) is considered high.
Reducing Debt: Insufficient data to determine if GGBL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GGBL's debt is not well covered by operating cash flow (0.3%).
Interest Coverage: GGBL's interest payments on its debt are well covered by EBIT (7.9x coverage).