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 ratio | 0.5x |
| 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).