Gita Renewable Energy Limited

BSE:539013 Stock Report

Mkt Cap: ₹408.8m

Gita Renewable Energy Financial Health

How is Gita Renewable Energy's financial position?

Financial Health Score


Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

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).

Balance Sheet

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