Kranti Industries Balance Sheet Health
Financial Health criteria checks 3/6
Kranti Industries has a total shareholder equity of ₹358.8M and total debt of ₹409.9M, which brings its debt-to-equity ratio to 114.3%. Its total assets and total liabilities are ₹914.8M and ₹556.0M respectively. Kranti Industries's EBIT is ₹7.7M making its interest coverage ratio 0.2. It has cash and short-term investments of ₹1.4M.
Key information
114.3%
Debt to equity ratio
₹409.88m
Debt
| Interest coverage ratio | 0.2x |
| Cash | ₹1.41m |
| Equity | ₹358.76m |
| Total liabilities | ₹556.02m |
| Total assets | ₹914.78m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542459's short term assets (₹329.0M) exceed its short term liabilities (₹285.7M).
Long Term Liabilities: 542459's short term assets (₹329.0M) exceed its long term liabilities (₹270.3M).
Debt to Equity History and Analysis
Debt Level: 542459's net debt to equity ratio (113.9%) is considered high.
Reducing Debt: 542459's debt to equity ratio has reduced from 139.5% to 114.3% over the past 5 years.
Debt Coverage: 542459's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 542459's interest payments on its debt are not well covered by EBIT (0.2x coverage).