Kundan Edifice Balance Sheet Health
Financial Health criteria checks 2/6
Kundan Edifice has a total shareholder equity of ₹324.9M and total debt of ₹180.8M, which brings its debt-to-equity ratio to 55.7%. Its total assets and total liabilities are ₹580.2M and ₹255.3M respectively. Kundan Edifice's EBIT is ₹64.2M making its interest coverage ratio 2.8. It has cash and short-term investments of ₹41.8M.
Key information
55.7%
Debt to equity ratio
₹180.83m
Debt
Interest coverage ratio | 2.8x |
Cash | ₹41.84m |
Equity | ₹324.87m |
Total liabilities | ₹255.29m |
Total assets | ₹580.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KEL's short term assets (₹423.9M) exceed its short term liabilities (₹182.1M).
Long Term Liabilities: KEL's short term assets (₹423.9M) exceed its long term liabilities (₹73.2M).
Debt to Equity History and Analysis
Debt Level: KEL's net debt to equity ratio (42.8%) is considered high.
Reducing Debt: Insufficient data to determine if KEL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: KEL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: KEL's interest payments on its debt are not well covered by EBIT (2.8x coverage).