Kranti Industries Balance Sheet Health
Financial Health criteria checks 3/6
Kranti Industries has a total shareholder equity of ₹361.7M and total debt of ₹402.3M, which brings its debt-to-equity ratio to 111.2%. Its total assets and total liabilities are ₹938.0M and ₹576.4M respectively. Kranti Industries's EBIT is ₹19.8M making its interest coverage ratio 0.6. It has cash and short-term investments of ₹45.8M.
Key information
111.2%
Debt to equity ratio
₹402.34m
Debt
Interest coverage ratio | 0.6x |
Cash | ₹45.84m |
Equity | ₹361.66m |
Total liabilities | ₹576.37m |
Total assets | ₹938.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542459's short term assets (₹339.5M) exceed its short term liabilities (₹283.8M).
Long Term Liabilities: 542459's short term assets (₹339.5M) exceed its long term liabilities (₹292.6M).
Debt to Equity History and Analysis
Debt Level: 542459's net debt to equity ratio (98.6%) is considered high.
Reducing Debt: 542459's debt to equity ratio has reduced from 113.1% to 111.2% over the past 5 years.
Debt Coverage: 542459's debt is not well covered by operating cash flow (8.7%).
Interest Coverage: 542459's interest payments on its debt are not well covered by EBIT (0.6x coverage).