Kinetic Engineering Limited

BSE:500240 Stock Report

Market Cap: ₹3.9b

Kinetic Engineering Balance Sheet Health

Financial Health criteria checks 4/6

Kinetic Engineering has a total shareholder equity of ₹642.4M and total debt of ₹333.0M, which brings its debt-to-equity ratio to 51.8%. Its total assets and total liabilities are ₹1.8B and ₹1.1B respectively. Kinetic Engineering's EBIT is ₹27.0M making its interest coverage ratio 0.5. It has cash and short-term investments of ₹96.7M.

Key information

51.8%

Debt to equity ratio

₹333.00m

Debt

Interest coverage ratio0.5x
Cash₹96.70m
Equity₹642.40m
Total liabilities₹1.12b
Total assets₹1.76b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 500240's short term assets (₹946.9M) exceed its short term liabilities (₹753.5M).

Long Term Liabilities: 500240's short term assets (₹946.9M) exceed its long term liabilities (₹363.4M).


Debt to Equity History and Analysis

Debt Level: 500240's net debt to equity ratio (36.8%) is considered satisfactory.

Reducing Debt: 500240's debt to equity ratio has reduced from 259.7% to 51.8% over the past 5 years.

Debt Coverage: 500240's debt is not well covered by operating cash flow (8.1%).

Interest Coverage: 500240's interest payments on its debt are not well covered by EBIT (0.5x coverage).


Balance Sheet


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