Kriti Industries (India) Balance Sheet Health
Financial Health criteria checks 5/6
Kriti Industries (India) has a total shareholder equity of ₹1.4B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 82.4%. Its total assets and total liabilities are ₹4.2B and ₹2.8B respectively. Kriti Industries (India)'s EBIT is ₹501.1M making its interest coverage ratio 3.2. It has cash and short-term investments of ₹160.1M.
Key information
82.4%
Debt to equity ratio
₹1.16b
Debt
Interest coverage ratio | 3.2x |
Cash | ₹160.13m |
Equity | ₹1.41b |
Total liabilities | ₹2.80b |
Total assets | ₹4.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526423's short term assets (₹2.7B) exceed its short term liabilities (₹2.4B).
Long Term Liabilities: 526423's short term assets (₹2.7B) exceed its long term liabilities (₹403.9M).
Debt to Equity History and Analysis
Debt Level: 526423's net debt to equity ratio (71%) is considered high.
Reducing Debt: 526423's debt to equity ratio has reduced from 90.9% to 82.4% over the past 5 years.
Debt Coverage: 526423's debt is well covered by operating cash flow (36.9%).
Interest Coverage: 526423's interest payments on its debt are well covered by EBIT (3.2x coverage).