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
What Globesecure Technologies Limited's (NSE:GSTL) 25% Share Price Gain Is Not Telling You
Nov 07
Estimating The Intrinsic Value Of Globesecure Technologies Limited (NSE:GSTL)
Oct 15There's Reason For Concern Over Globesecure Technologies Limited's (NSE:GSTL) Massive 31% Price Jump
Aug 02Little Excitement Around Globesecure Technologies Limited's (NSE:GSTL) Earnings
Jun 06Risks Still Elevated At These Prices As Globesecure Technologies Limited (NSE:GSTL) Shares Dive 39%
Oct 04Financial 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.