Globe International Carriers Balance Sheet Health
Financial Health criteria checks 4/6
Globe International Carriers has a total shareholder equity of ₹553.5M and total debt of ₹249.4M, which brings its debt-to-equity ratio to 45.1%. Its total assets and total liabilities are ₹877.6M and ₹324.1M respectively. Globe International Carriers's EBIT is ₹59.9M making its interest coverage ratio 3.2. It has cash and short-term investments of ₹11.2M.
Key information
45.1%
Debt to equity ratio
₹249.38m
Debt
| Interest coverage ratio | 3.2x |
| Cash | ₹11.24m |
| Equity | ₹553.47m |
| Total liabilities | ₹324.13m |
| Total assets | ₹877.60m |
Recent financial health updates
Recent updates
Why We're Not Concerned Yet About Globe International Carriers Limited's (NSE:GICL) 26% Share Price Plunge
Oct 10
Does Globe International Carriers (NSE:GICL) Deserve A Spot On Your Watchlist?
Sep 27Here's Why Globe International Carriers (NSE:GICL) Can Manage Its Debt Responsibly
Aug 13Investors Appear Satisfied With Globe International Carriers Limited's (NSE:GICL) Prospects As Shares Rocket 35%
Jul 05Globe International Carriers Limited's (NSE:GICL) Share Price Is Still Matching Investor Opinion Despite 28% Slump
Mar 27Calculating The Fair Value Of Globe International Carriers Limited (NSE:GICL)
Mar 18Earnings Tell The Story For Globe International Carriers Limited (NSE:GICL) As Its Stock Soars 51%
Feb 01Globe International Carriers Limited's (NSE:GICL) 40% Jump Shows Its Popularity With Investors
Dec 18Is Now The Time To Put Globe International Carriers (NSE:GICL) On Your Watchlist?
Oct 31We Ran A Stock Scan For Earnings Growth And Globe International Carriers (NSE:GICL) Passed With Ease
Feb 11Globe International Carriers Limited's (NSE:GICL) 35% Price Boost Is Out Of Tune With Earnings
Jun 04Calculating The Fair Value Of Globe International Carriers Limited (NSE:GICL)
Apr 14Financial Position Analysis
Short Term Liabilities: GICL's short term assets (₹694.2M) exceed its short term liabilities (₹284.5M).
Long Term Liabilities: GICL's short term assets (₹694.2M) exceed its long term liabilities (₹39.7M).
Debt to Equity History and Analysis
Debt Level: GICL's net debt to equity ratio (43%) is considered high.
Reducing Debt: GICL's debt to equity ratio has reduced from 78% to 45.1% over the past 5 years.
Debt Coverage: GICL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GICL's interest payments on its debt are well covered by EBIT (3.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 13:25 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Globe International Carriers Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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