Gita Renewable Energy Financial Health
How is Gita Renewable Energy's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 539013's short term assets (₹69.2M) exceed its short term liabilities (₹22.0M).
Long Term Liabilities: 539013's short term assets (₹69.2M) do not cover its long term liabilities (₹296.4M).
Debt to Equity History and Analysis
Debt Level: 539013's net debt to equity ratio (167.7%) is considered high.
Reducing Debt: 539013's debt to equity ratio has increased from 0% to 167.9% over the past 5 years.
Debt Coverage: 539013's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 539013's interest payments on its debt are well covered by EBIT (47.3x coverage).