Kinetic Engineering Balance Sheet Health
Financial Health criteria checks 4/6
Kinetic Engineering has a total shareholder equity of ₹669.2M and total debt of ₹311.9M, which brings its debt-to-equity ratio to 46.6%. Its total assets and total liabilities are ₹1.7B and ₹1.1B respectively.
Key information
46.6%
Debt to equity ratio
₹311.90m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹66.10m |
| Equity | ₹669.20m |
| Total liabilities | ₹1.07b |
| Total assets | ₹1.74b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500240's short term assets (₹988.1M) exceed its short term liabilities (₹728.1M).
Long Term Liabilities: 500240's short term assets (₹988.1M) exceed its long term liabilities (₹344.3M).
Debt to Equity History and Analysis
Debt Level: 500240's net debt to equity ratio (36.7%) is considered satisfactory.
Reducing Debt: 500240's debt to equity ratio has reduced from 312.1% to 46.6% over the past 5 years.
Debt Coverage: 500240's debt is not well covered by operating cash flow (3.6%).
Interest Coverage: Insufficient data to determine if 500240's interest payments on its debt are well covered by EBIT.