Kirloskar Brothers Balance Sheet Health
Financial Health criteria checks 6/6
Kirloskar Brothers has a total shareholder equity of ₹17.2B and total debt of ₹1.5B, which brings its debt-to-equity ratio to 9%. Its total assets and total liabilities are ₹33.2B and ₹16.0B respectively. Kirloskar Brothers's EBIT is ₹4.4B making its interest coverage ratio -161.1. It has cash and short-term investments of ₹5.9B.
Key information
9.0%
Debt to equity ratio
₹1.55b
Debt
Interest coverage ratio | -161.1x |
Cash | ₹5.88b |
Equity | ₹17.24b |
Total liabilities | ₹16.01b |
Total assets | ₹33.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500241's short term assets (₹23.9B) exceed its short term liabilities (₹14.0B).
Long Term Liabilities: 500241's short term assets (₹23.9B) exceed its long term liabilities (₹2.0B).
Debt to Equity History and Analysis
Debt Level: 500241 has more cash than its total debt.
Reducing Debt: 500241's debt to equity ratio has reduced from 41.6% to 9% over the past 5 years.
Debt Coverage: 500241's debt is well covered by operating cash flow (242.8%).
Interest Coverage: 500241 earns more interest than it pays, so coverage of interest payments is not a concern.