Kalyani Forge Balance Sheet Health
Financial Health criteria checks 2/6
Kalyani Forge has a total shareholder equity of ₹820.1M and total debt of ₹609.1M, which brings its debt-to-equity ratio to 74.3%. Its total assets and total liabilities are ₹2.0B and ₹1.2B respectively. Kalyani Forge's EBIT is ₹114.4M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹59.3M.
Key information
74.3%
Debt to equity ratio
₹609.12m
Debt
| Interest coverage ratio | 1.9x |
| Cash | ₹59.34m |
| Equity | ₹820.07m |
| Total liabilities | ₹1.23b |
| Total assets | ₹2.05b |
Recent financial health updates
Is Kalyani Forge (NSE:KALYANIFRG) Using Too Much Debt?
Mar 08
We Think Kalyani Forge (NSE:KALYANIFRG) Can Stay On Top Of Its Debt
Sep 20Is Kalyani Forge (NSE:KALYANIFRG) A Risky Investment?
Jun 07Here's Why Kalyani Forge (NSE:KALYANIFRG) Can Afford Some Debt
Dec 24
Recent updates
Kalyani Forge's (NSE:KALYANIFRG) Dividend Will Be ₹3.00
Sep 08Earnings Not Telling The Story For Kalyani Forge Limited (NSE:KALYANIFRG) After Shares Rise 47%
Jun 20Capital Allocation Trends At Kalyani Forge (NSE:KALYANIFRG) Aren't Ideal
Apr 05Is Kalyani Forge (NSE:KALYANIFRG) Using Too Much Debt?
Mar 08Here's Why We Think Kalyani Forge (NSE:KALYANIFRG) Is Well Worth Watching
Jan 09Be Wary Of Kalyani Forge (NSE:KALYANIFRG) And Its Returns On Capital
Nov 01We Think Kalyani Forge (NSE:KALYANIFRG) Can Stay On Top Of Its Debt
Sep 20Kalyani Forge (NSE:KALYANIFRG) Is Finding It Tricky To Allocate Its Capital
Jul 05Is Kalyani Forge (NSE:KALYANIFRG) A Risky Investment?
Jun 07Kalyani Forge's (NSE:KALYANIFRG) Returns On Capital Not Reflecting Well On The Business
Dec 27A Look At The Fair Value Of Kalyani Forge Limited (NSE:KALYANIFRG)
Oct 27Kalyani Forge (NSE:KALYANIFRG) Could Be Struggling To Allocate Capital
Sep 14Returns At Kalyani Forge (NSE:KALYANIFRG) Appear To Be Weighed Down
Apr 09Investors Will Want Kalyani Forge's (NSE:KALYANIFRG) Growth In ROCE To Persist
Nov 02A Look At The Intrinsic Value Of Kalyani Forge Limited (NSE:KALYANIFRG)
May 05Looking For Steady Income For Your Dividend Portfolio? Is Kalyani Forge Limited (NSE:KALYANIFRG) A Good Fit?
Feb 14Here's Why Kalyani Forge (NSE:KALYANIFRG) Can Afford Some Debt
Dec 24Investors In Kalyani Forge Limited (NSE:KALYANIFRG) Should Consider This, First
Nov 01What Can The Trends At Kalyani Forge (NSE:KALYANIFRG) Tell Us About Their Returns?
Jul 18Financial Position Analysis
Short Term Liabilities: KALYANIFRG's short term assets (₹1.4B) exceed its short term liabilities (₹955.8M).
Long Term Liabilities: KALYANIFRG's short term assets (₹1.4B) exceed its long term liabilities (₹271.6M).
Debt to Equity History and Analysis
Debt Level: KALYANIFRG's net debt to equity ratio (67%) is considered high.
Reducing Debt: KALYANIFRG's debt to equity ratio has increased from 42% to 74.3% over the past 5 years.
Debt Coverage: KALYANIFRG's debt is not well covered by operating cash flow (16.4%).
Interest Coverage: KALYANIFRG's interest payments on its debt are not well covered by EBIT (1.9x coverage).