GlobalSpace Technologies Balance Sheet Health
Financial Health criteria checks 2/6
GlobalSpace Technologies has a total shareholder equity of ₹364.0M and total debt of ₹346.6M, which brings its debt-to-equity ratio to 95.2%. Its total assets and total liabilities are ₹723.6M and ₹359.6M respectively. GlobalSpace Technologies's EBIT is ₹26.0M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹62.0K.
Key information
95.2%
Debt to equity ratio
₹346.56m
Debt
Interest coverage ratio | 1.3x |
Cash | ₹62.00k |
Equity | ₹364.03m |
Total liabilities | ₹359.60m |
Total assets | ₹723.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540654's short term assets (₹319.4M) exceed its short term liabilities (₹137.9M).
Long Term Liabilities: 540654's short term assets (₹319.4M) exceed its long term liabilities (₹221.7M).
Debt to Equity History and Analysis
Debt Level: 540654's net debt to equity ratio (95.2%) is considered high.
Reducing Debt: 540654's debt to equity ratio has increased from 13.2% to 95.2% over the past 5 years.
Debt Coverage: 540654's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 540654's interest payments on its debt are not well covered by EBIT (1.3x coverage).