Gujarat Poly Electronics Balance Sheet Health
Financial Health criteria checks 6/6
Gujarat Poly Electronics has a total shareholder equity of ₹180.1M and total debt of ₹3.9M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are ₹197.9M and ₹17.9M respectively. Gujarat Poly Electronics's EBIT is ₹10.2M making its interest coverage ratio -10. It has cash and short-term investments of ₹23.3M.
Key information
2.1%
Debt to equity ratio
₹3.85m
Debt
Interest coverage ratio | -10x |
Cash | ₹23.29m |
Equity | ₹180.08m |
Total liabilities | ₹17.86m |
Total assets | ₹197.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 517288's short term assets (₹96.2M) exceed its short term liabilities (₹9.4M).
Long Term Liabilities: 517288's short term assets (₹96.2M) exceed its long term liabilities (₹8.4M).
Debt to Equity History and Analysis
Debt Level: 517288 has more cash than its total debt.
Reducing Debt: 517288's debt to equity ratio has reduced from 44.5% to 2.1% over the past 5 years.
Debt Coverage: 517288's debt is well covered by operating cash flow (277.9%).
Interest Coverage: 517288 earns more interest than it pays, so coverage of interest payments is not a concern.