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 ₹252.0K, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are ₹1.8B and ₹67.9M respectively. GVP Infotech's EBIT is ₹24.4M making its interest coverage ratio 67.9. It has cash and short-term investments of ₹13.7M.
Key information
0.01%
Debt to equity ratio
₹252.00k
Debt
| Interest coverage ratio | 67.9x |
| Cash | ₹13.75m |
| Equity | ₹1.70b |
| Total liabilities | ₹67.89m |
| Total assets | ₹1.76b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: GVPTECH's short term assets (₹144.3M) exceed its short term liabilities (₹67.3M).
Long Term Liabilities: GVPTECH's short term assets (₹144.3M) exceed its long term liabilities (₹573.0K).
Debt to Equity History and Analysis
Debt Level: GVPTECH has more cash than its total debt.
Reducing Debt: GVPTECH's debt to equity ratio has reduced from 0.7% to 0.01% over the past 5 years.
Debt Coverage: GVPTECH's debt is well covered by operating cash flow (141.3%).
Interest Coverage: GVPTECH's interest payments on its debt are well covered by EBIT (67.9x coverage).