Kirloskar Oil Engines Balance Sheet Health
Financial Health criteria checks 2/6
Kirloskar Oil Engines has a total shareholder equity of ₹24.7B and total debt of ₹33.3B, which brings its debt-to-equity ratio to 134.6%. Its total assets and total liabilities are ₹70.2B and ₹45.4B respectively. Kirloskar Oil Engines's EBIT is ₹8.0B making its interest coverage ratio 2.9. It has cash and short-term investments of ₹6.8B.
Key information
134.6%
Debt to equity ratio
₹33.28b
Debt
Interest coverage ratio | 2.9x |
Cash | ₹6.83b |
Equity | ₹24.73b |
Total liabilities | ₹45.44b |
Total assets | ₹70.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533293's short term assets (₹33.5B) exceed its short term liabilities (₹25.9B).
Long Term Liabilities: 533293's short term assets (₹33.5B) exceed its long term liabilities (₹19.5B).
Debt to Equity History and Analysis
Debt Level: 533293's net debt to equity ratio (107%) is considered high.
Reducing Debt: 533293's debt to equity ratio has increased from 6.2% to 134.6% 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 (2.9x coverage).