Kalyani Forge Balance Sheet Health
Financial Health criteria checks 2/6
Kalyani Forge has a total shareholder equity of ₹1.1B and total debt of ₹573.7M, which brings its debt-to-equity ratio to 53.2%. Its total assets and total liabilities are ₹2.4B and ₹1.3B respectively. Kalyani Forge's EBIT is ₹93.2M making its interest coverage ratio 2. It has cash and short-term investments of ₹67.7M.
Key information
53.2%
Debt to equity ratio
₹573.73m
Debt
Interest coverage ratio | 2x |
Cash | ₹67.74m |
Equity | ₹1.08b |
Total liabilities | ₹1.29b |
Total assets | ₹2.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513509's short term assets (₹1.7B) exceed its short term liabilities (₹1.0B).
Long Term Liabilities: 513509's short term assets (₹1.7B) exceed its long term liabilities (₹286.9M).
Debt to Equity History and Analysis
Debt Level: 513509's net debt to equity ratio (46.9%) is considered high.
Reducing Debt: 513509's debt to equity ratio has increased from 47.8% to 53.2% over the past 5 years.
Debt Coverage: 513509's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 513509's interest payments on its debt are not well covered by EBIT (2x coverage).