GVK Power & Infrastructure Balance Sheet Health
Financial Health criteria checks 2/6
GVK Power & Infrastructure has a total shareholder equity of ₹8.8B and total debt of ₹58.1B, which brings its debt-to-equity ratio to 660.9%. Its total assets and total liabilities are ₹81.8B and ₹73.1B respectively. GVK Power & Infrastructure's EBIT is ₹7.7B making its interest coverage ratio 1.6. It has cash and short-term investments of ₹22.6B.
Key information
660.9%
Debt to equity ratio
₹58.06b
Debt
Interest coverage ratio | 1.6x |
Cash | ₹22.57b |
Equity | ₹8.79b |
Total liabilities | ₹73.06b |
Total assets | ₹81.85b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: GVKPIL's short term assets (₹31.3B) do not cover its short term liabilities (₹41.7B).
Long Term Liabilities: GVKPIL's short term assets (₹31.3B) do not cover its long term liabilities (₹31.4B).
Debt to Equity History and Analysis
Debt Level: GVKPIL's net debt to equity ratio (404%) is considered high.
Reducing Debt: GVKPIL's debt to equity ratio has reduced from 1326.7% to 660.9% over the past 5 years.
Debt Coverage: GVKPIL's debt is well covered by operating cash flow (22.8%).
Interest Coverage: GVKPIL's interest payments on its debt are not well covered by EBIT (1.6x coverage).