Gujarat Gas Balance Sheet Health
Financial Health criteria checks 5/6
Gujarat Gas has a total shareholder equity of ₹79.8B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹124.4B and ₹44.6B respectively. Gujarat Gas's EBIT is ₹15.7B making its interest coverage ratio -47. It has cash and short-term investments of ₹17.5B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -47x |
| Cash | ₹17.49b |
| Equity | ₹79.76b |
| Total liabilities | ₹44.60b |
| Total assets | ₹124.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539336's short term assets (₹28.9B) do not cover its short term liabilities (₹32.8B).
Long Term Liabilities: 539336's short term assets (₹28.9B) exceed its long term liabilities (₹11.8B).
Debt to Equity History and Analysis
Debt Level: 539336 is debt free.
Reducing Debt: 539336 has no debt compared to 5 years ago when its debt to equity ratio was 67.7%.
Debt Coverage: 539336 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 539336 has no debt, therefore coverage of interest payments is not a concern.