Globesecure Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Globesecure Technologies has a total shareholder equity of ₹203.5M and total debt of ₹113.7M, which brings its debt-to-equity ratio to 55.9%. Its total assets and total liabilities are ₹361.8M and ₹158.2M respectively. Globesecure Technologies's EBIT is ₹29.2M making its interest coverage ratio 4.2. It has cash and short-term investments of ₹2.2M.
Key information
55.9%
Debt to equity ratio
₹113.75m
Debt
Interest coverage ratio | 4.2x |
Cash | ₹2.21m |
Equity | ₹203.51m |
Total liabilities | ₹158.25m |
Total assets | ₹361.76m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: GSTL's short term assets (₹224.5M) exceed its short term liabilities (₹125.3M).
Long Term Liabilities: GSTL's short term assets (₹224.5M) exceed its long term liabilities (₹33.0M).
Debt to Equity History and Analysis
Debt Level: GSTL's net debt to equity ratio (54.8%) is considered high.
Reducing Debt: Insufficient data to determine if GSTL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: GSTL's debt is well covered by operating cash flow (23.8%).
Interest Coverage: GSTL's interest payments on its debt are well covered by EBIT (4.2x coverage).