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).