Gujarat Industries Power Balance Sheet Health
Financial Health criteria checks 5/6
Gujarat Industries Power has a total shareholder equity of ₹31.9B and total debt of ₹6.4B, which brings its debt-to-equity ratio to 19.9%. Its total assets and total liabilities are ₹48.4B and ₹16.4B respectively. Gujarat Industries Power's EBIT is ₹2.2B making its interest coverage ratio 18.7. It has cash and short-term investments of ₹6.7B.
Key information
19.9%
Debt to equity ratio
₹6.36b
Debt
| Interest coverage ratio | 18.7x |
| Cash | ₹6.67b |
| Equity | ₹31.94b |
| Total liabilities | ₹16.43b |
| Total assets | ₹48.37b |
Recent financial health updates
Gujarat Industries Power (NSE:GIPCL) Has A Pretty Healthy Balance Sheet
Jul 11
Is Gujarat Industries Power (NSE:GIPCL) A Risky Investment?
Dec 27We Think Gujarat Industries Power (NSE:GIPCL) Is Taking Some Risk With Its Debt
Feb 14Gujarat Industries Power (NSE:GIPCL) Has A Pretty Healthy Balance Sheet
Mar 15Here's Why Gujarat Industries Power (NSE:GIPCL) Can Manage Its Debt Responsibly
Nov 22
Recent updates
Calculating The Fair Value Of Gujarat Industries Power Company Limited (NSE:GIPCL)
Apr 03Insufficient Growth At Gujarat Industries Power Company Limited (NSE:GIPCL) Hampers Share Price
Jan 26This Is Why Gujarat Industries Power Company Limited's (NSE:GIPCL) CEO Compensation Looks Appropriate
Sep 10Gujarat Industries Power (NSE:GIPCL) Has A Pretty Healthy Balance Sheet
Jul 11The Returns On Capital At Gujarat Industries Power (NSE:GIPCL) Don't Inspire Confidence
Apr 27Is Gujarat Industries Power (NSE:GIPCL) A Risky Investment?
Dec 27We Think Gujarat Industries Power (NSE:GIPCL) Is Taking Some Risk With Its Debt
Feb 14Returns On Capital At Gujarat Industries Power (NSE:GIPCL) Paint A Concerning Picture
Jul 22Gujarat Industries Power (NSE:GIPCL) Might Be Having Difficulty Using Its Capital Effectively
Apr 11Gujarat Industries Power (NSE:GIPCL) Has A Pretty Healthy Balance Sheet
Mar 15Gujarat Industries Power's (NSE:GIPCL) Shareholders Are Down 32% On Their Shares
Feb 22What Type Of Shareholders Own The Most Number of Gujarat Industries Power Company Limited (NSE:GIPCL) Shares?
Feb 01Here's What To Make Of Gujarat Industries Power's (NSE:GIPCL) Returns On Capital
Jan 11A Look At The Intrinsic Value Of Gujarat Industries Power Company Limited (NSE:GIPCL)
Dec 16Here's Why Gujarat Industries Power (NSE:GIPCL) Can Manage Its Debt Responsibly
Nov 22Gujarat Industries Power's(NSE:GIPCL) Share Price Is Down 50% Over The Past Three Years.
Oct 27How Many Gujarat Industries Power Company Limited (NSE:GIPCL) Shares Do Institutions Own?
Sep 20Here's What To Make Of Gujarat Industries Power's (NSE:GIPCL) Returns On Capital
Aug 25A Look At The Intrinsic Value Of Gujarat Industries Power Company Limited (NSE:GIPCL)
Jul 29Financial Position Analysis
Short Term Liabilities: GIPCL's short term assets (₹11.7B) exceed its short term liabilities (₹2.9B).
Long Term Liabilities: GIPCL's short term assets (₹11.7B) do not cover its long term liabilities (₹13.6B).
Debt to Equity History and Analysis
Debt Level: GIPCL has more cash than its total debt.
Reducing Debt: GIPCL's debt to equity ratio has reduced from 23.1% to 19.9% over the past 5 years.
Debt Coverage: GIPCL's debt is well covered by operating cash flow (61.8%).
Interest Coverage: GIPCL's interest payments on its debt are well covered by EBIT (18.7x coverage).