G.R.Cables Balance Sheet Health
Financial Health criteria checks 2/6
G.R.Cables has a total shareholder equity of ₹87.0M and total debt of ₹67.0M, which brings its debt-to-equity ratio to 77.1%. Its total assets and total liabilities are ₹157.1M and ₹70.1M respectively. G.R.Cables's EBIT is ₹4.2M making its interest coverage ratio 1.2. It has cash and short-term investments of ₹9.6M.
Key information
77.1%
Debt to equity ratio
₹67.03m
Debt
| Interest coverage ratio | 1.2x |
| Cash | ₹9.60m |
| Equity | ₹86.96m |
| Total liabilities | ₹70.10m |
| Total assets | ₹157.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 517564's short term assets (₹10.6M) exceed its short term liabilities (₹3.1M).
Long Term Liabilities: 517564's short term assets (₹10.6M) do not cover its long term liabilities (₹67.0M).
Debt to Equity History and Analysis
Debt Level: 517564's net debt to equity ratio (66.1%) is considered high.
Reducing Debt: 517564 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 517564's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 517564's interest payments on its debt are not well covered by EBIT (1.2x coverage).