GVP Infotech Balance Sheet Health
Financial Health criteria checks 6/6
GVP Infotech has a total shareholder equity of ₹1.7B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹1.8B and ₹60.0M respectively. GVP Infotech's EBIT is ₹21.2M making its interest coverage ratio 65.7. It has cash and short-term investments of ₹8.3M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 65.7x |
| Cash | ₹8.25m |
| Equity | ₹1.70b |
| Total liabilities | ₹60.01m |
| Total assets | ₹1.76b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: GVPTECH's short term assets (₹114.3M) exceed its short term liabilities (₹59.4M).
Long Term Liabilities: GVPTECH's short term assets (₹114.3M) exceed its long term liabilities (₹574.0K).
Debt to Equity History and Analysis
Debt Level: GVPTECH is debt free.
Reducing Debt: GVPTECH has no debt compared to 5 years ago when its debt to equity ratio was 1.4%.
Debt Coverage: GVPTECH has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GVPTECH has no debt, therefore coverage of interest payments is not a concern.