Grasim Industries Balance Sheet Health
Financial Health criteria checks 0/6
Grasim Industries has a total shareholder equity of ₹1,457.2B and total debt of ₹1,559.0B, which brings its debt-to-equity ratio to 107%. Its total assets and total liabilities are ₹4,484.5B and ₹3,027.3B respectively. Grasim Industries's EBIT is ₹220.8B making its interest coverage ratio 2.2. It has cash and short-term investments of ₹236.0B.
Key information
107.0%
Debt to equity ratio
₹1.56t
Debt
| Interest coverage ratio | 2.2x |
| Cash | ₹236.01b |
| Equity | ₹1.46t |
| Total liabilities | ₹3.03t |
| Total assets | ₹4.48t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GRA92's short term assets (₹899.2B) do not cover its short term liabilities (₹983.5B).
Long Term Liabilities: GRA92's short term assets (₹899.2B) do not cover its long term liabilities (₹2,043.8B).
Debt to Equity History and Analysis
Debt Level: GRA92's net debt to equity ratio (90.8%) is considered high.
Reducing Debt: GRA92's debt to equity ratio has increased from 95.9% to 107% over the past 5 years.
Debt Coverage: GRA92's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: GRA92's interest payments on its debt are not well covered by EBIT (2.2x coverage).