Kirloskar Oil Engines Balance Sheet Health
Financial Health criteria checks 2/6
Kirloskar Oil Engines has a total shareholder equity of ₹28.9B and total debt of ₹53.7B, which brings its debt-to-equity ratio to 185.7%. Its total assets and total liabilities are ₹97.8B and ₹68.9B respectively. Kirloskar Oil Engines's EBIT is ₹10.5B making its interest coverage ratio 2.8. It has cash and short-term investments of ₹12.8B.
Key information
185.7%
Debt to equity ratio
₹53.73b
Debt
| Interest coverage ratio | 2.8x |
| Cash | ₹12.79b |
| Equity | ₹28.93b |
| Total liabilities | ₹68.89b |
| Total assets | ₹97.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533293's short term assets (₹43.1B) exceed its short term liabilities (₹36.5B).
Long Term Liabilities: 533293's short term assets (₹43.1B) exceed its long term liabilities (₹32.4B).
Debt to Equity History and Analysis
Debt Level: 533293's net debt to equity ratio (141.5%) is considered high.
Reducing Debt: 533293's debt to equity ratio has increased from 5% to 185.7% over the past 5 years.
Debt Coverage: 533293's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 533293's interest payments on its debt are not well covered by EBIT (2.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 12:44 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kirloskar Oil Engines Limited is covered by 12 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Rahul Jain | Anand Rathi Shares and Stock Brokers Limited |
| Milan Desai | Angel Broking Private Limited |
| null null | Antique Stockbroking Ltd. |