India Grid Trust Balance Sheet Health
Financial Health criteria checks 0/6
India Grid Trust has a total shareholder equity of ₹51.0B and total debt of ₹187.1B, which brings its debt-to-equity ratio to 366.9%. Its total assets and total liabilities are ₹248.4B and ₹197.4B respectively. India Grid Trust's EBIT is ₹18.8B making its interest coverage ratio 1.3. It has cash and short-term investments of ₹17.9B.
Key information
366.9%
Debt to equity ratio
₹187.10b
Debt
| Interest coverage ratio | 1.3x |
| Cash | ₹17.91b |
| Equity | ₹50.99b |
| Total liabilities | ₹197.42b |
| Total assets | ₹248.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540565's short term assets (₹27.6B) do not cover its short term liabilities (₹31.0B).
Long Term Liabilities: 540565's short term assets (₹27.6B) do not cover its long term liabilities (₹166.4B).
Debt to Equity History and Analysis
Debt Level: 540565's net debt to equity ratio (331.8%) is considered high.
Reducing Debt: 540565's debt to equity ratio has increased from 95.1% to 366.9% over the past 5 years.
Debt Coverage: Insufficient data to determine if 540565's debt is well covered by operating cash flow.
Interest Coverage: 540565's interest payments on its debt are not well covered by EBIT (1.3x coverage).