Kriti Industries (India) Balance Sheet Health
Financial Health criteria checks 4/6
Kriti Industries (India) has a total shareholder equity of ₹2.0B and total debt of ₹1.4B, which brings its debt-to-equity ratio to 69.1%. Its total assets and total liabilities are ₹5.3B and ₹3.3B respectively. Kriti Industries (India)'s EBIT is ₹481.8M making its interest coverage ratio 3.7. It has cash and short-term investments of ₹249.4M.
Key information
69.1%
Debt to equity ratio
₹1.37b
Debt
| Interest coverage ratio | 3.7x |
| Cash | ₹249.43m |
| Equity | ₹1.98b |
| Total liabilities | ₹3.34b |
| Total assets | ₹5.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526423's short term assets (₹3.5B) exceed its short term liabilities (₹2.7B).
Long Term Liabilities: 526423's short term assets (₹3.5B) exceed its long term liabilities (₹628.5M).
Debt to Equity History and Analysis
Debt Level: 526423's net debt to equity ratio (56.5%) is considered high.
Reducing Debt: 526423's debt to equity ratio has reduced from 79.5% to 69.1% over the past 5 years.
Debt Coverage: 526423's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: 526423's interest payments on its debt are well covered by EBIT (3.7x coverage).