K2 Infragen Balance Sheet Health
Financial Health criteria checks 4/6
K2 Infragen has a total shareholder equity of ₹690.7M and total debt of ₹240.6M, which brings its debt-to-equity ratio to 34.8%. Its total assets and total liabilities are ₹1.2B and ₹531.2M respectively. K2 Infragen's EBIT is ₹160.2M making its interest coverage ratio 8.3. It has cash and short-term investments of ₹158.8M.
Key information
34.8%
Debt to equity ratio
₹240.60m
Debt
| Interest coverage ratio | 8.3x |
| Cash | ₹158.82m |
| Equity | ₹690.73m |
| Total liabilities | ₹531.23m |
| Total assets | ₹1.22b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: K2INFRA's short term assets (₹1.1B) exceed its short term liabilities (₹506.3M).
Long Term Liabilities: K2INFRA's short term assets (₹1.1B) exceed its long term liabilities (₹25.0M).
Debt to Equity History and Analysis
Debt Level: K2INFRA's net debt to equity ratio (11.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if K2INFRA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: K2INFRA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: K2INFRA's interest payments on its debt are well covered by EBIT (8.3x coverage).