Kennametal India Balance Sheet Health
Financial Health criteria checks 6/6
Kennametal India has a total shareholder equity of ₹7.3B and total debt of ₹30.0M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are ₹9.3B and ₹1.9B respectively. Kennametal India's EBIT is ₹1.3B making its interest coverage ratio -40.1. It has cash and short-term investments of ₹1.1B.
Key information
0.4%
Debt to equity ratio
₹30.00m
Debt
| Interest coverage ratio | -40.1x |
| Cash | ₹1.13b |
| Equity | ₹7.34b |
| Total liabilities | ₹1.94b |
| Total assets | ₹9.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505890's short term assets (₹6.1B) exceed its short term liabilities (₹1.9B).
Long Term Liabilities: 505890's short term assets (₹6.1B) exceed its long term liabilities (₹30.0M).
Debt to Equity History and Analysis
Debt Level: 505890 has more cash than its total debt.
Reducing Debt: 505890's debt to equity ratio has reduced from 1.9% to 0.4% over the past 5 years.
Debt Coverage: 505890's debt is well covered by operating cash flow (3810%).
Interest Coverage: 505890 earns more interest than it pays, so coverage of interest payments is not a concern.