Globesecure Technologies Limited

NSEI:GSTL Stock Report

Market Cap: ₹398.5m

Globesecure Technologies Balance Sheet Health

Financial Health criteria checks 5/6

Globesecure Technologies has a total shareholder equity of ₹211.6M and total debt of ₹92.1M, which brings its debt-to-equity ratio to 43.5%. Its total assets and total liabilities are ₹346.8M and ₹135.2M respectively. Globesecure Technologies's EBIT is ₹15.2M making its interest coverage ratio -99.7. It has cash and short-term investments of ₹2.9M.

Key information

43.5%

Debt to equity ratio

₹92.13m

Debt

Interest coverage ratio-99.7x
Cash₹2.87m
Equity₹211.56m
Total liabilities₹135.22m
Total assets₹346.77m

Recent financial health updates

No updates

Recent updates

Little Excitement Around Globesecure Technologies Limited's (NSE:GSTL) Earnings

Jun 06
Little Excitement Around Globesecure Technologies Limited's (NSE:GSTL) Earnings

Risks Still Elevated At These Prices As Globesecure Technologies Limited (NSE:GSTL) Shares Dive 39%

Oct 04
Risks Still Elevated At These Prices As Globesecure Technologies Limited (NSE:GSTL) Shares Dive 39%

Financial Position Analysis

Short Term Liabilities: GSTL's short term assets (₹204.4M) exceed its short term liabilities (₹108.5M).

Long Term Liabilities: GSTL's short term assets (₹204.4M) exceed its long term liabilities (₹26.7M).


Debt to Equity History and Analysis

Debt Level: GSTL's net debt to equity ratio (42.2%) is considered high.

Reducing Debt: GSTL's debt to equity ratio has reduced from 43.9% to 43.5% over the past 5 years.

Debt Coverage: GSTL's debt is well covered by operating cash flow (22.5%).

Interest Coverage: GSTL earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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