Kirloskar Electric Balance Sheet Health
Financial Health criteria checks 3/6
Kirloskar Electric has a total shareholder equity of ₹823.4M and total debt of ₹1.3B, which brings its debt-to-equity ratio to 153.6%. Its total assets and total liabilities are ₹6.4B and ₹5.6B respectively. Kirloskar Electric's EBIT is ₹317.4M making its interest coverage ratio 1.2. It has cash and short-term investments of ₹292.4M.
Key information
153.6%
Debt to equity ratio
₹1.26b
Debt
Interest coverage ratio | 1.2x |
Cash | ₹292.40m |
Equity | ₹823.40m |
Total liabilities | ₹5.58b |
Total assets | ₹6.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533193's short term assets (₹1.8B) do not cover its short term liabilities (₹4.5B).
Long Term Liabilities: 533193's short term assets (₹1.8B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: 533193's net debt to equity ratio (118.1%) is considered high.
Reducing Debt: 533193 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 533193's debt is well covered by operating cash flow (28.9%).
Interest Coverage: 533193's interest payments on its debt are not well covered by EBIT (1.2x coverage).