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
Does Kirloskar Oil Engines (NSE:KIRLOSENG) Have A Healthy Balance Sheet?
Jun 03
We Think Kirloskar Oil Engines (NSE:KIRLOSENG) Is Taking Some Risk With Its Debt
Jan 12Here's Why Kirloskar Oil Engines (NSE:KIRLOSENG) Has A Meaningful Debt Burden
Jun 29Here's Why Kirloskar Oil Engines (NSE:KIRLOSENG) Can Manage Its Debt Responsibly
Mar 09Kirloskar Oil Engines (NSE:KIRLOSENG) Takes On Some Risk With Its Use Of Debt
Aug 18Is Kirloskar Oil Engines (NSE:KIRLOSENG) Using Too Much Debt?
Mar 14Recent updates
Should You Investigate Kirloskar Oil Engines Limited (NSE:KIRLOSENG) At ₹1,125?
Nov 05Should You Investigate Kirloskar Oil Engines Limited (NSE:KIRLOSENG) At ₹1,349?
Jul 12Kirloskar Oil Engines Limited (NSE:KIRLOSENG) Stock Rockets 30% As Investors Are Less Pessimistic Than Expected
Jun 04Does Kirloskar Oil Engines (NSE:KIRLOSENG) Have A Healthy Balance Sheet?
Jun 03Kirloskar Oil Engines' (NSE:KIRLOSENG) Earnings Are Of Questionable Quality
May 21Kirloskar Oil Engines (NSE:KIRLOSENG) Shareholders Will Want The ROCE Trajectory To Continue
May 10What Does Kirloskar Oil Engines Limited's (NSE:KIRLOSENG) Share Price Indicate?
Apr 03Investors Aren't Buying Kirloskar Oil Engines Limited's (NSE:KIRLOSENG) Earnings
Feb 01We Think Kirloskar Oil Engines (NSE:KIRLOSENG) Is Taking Some Risk With Its Debt
Jan 12There's Been No Shortage Of Growth Recently For Kirloskar Oil Engines' (NSE:KIRLOSENG) Returns On Capital
Dec 15Here's Why Kirloskar Oil Engines (NSE:KIRLOSENG) Has Caught The Eye Of Investors
Nov 30Kirloskar Oil Engines (NSE:KIRLOSENG) Might Have The Makings Of A Multi-Bagger
Sep 05We Ran A Stock Scan For Earnings Growth And Kirloskar Oil Engines (NSE:KIRLOSENG) Passed With Ease
Aug 14Kirloskar Oil Engines (NSE:KIRLOSENG) Is Paying Out A Dividend Of ₹2.50
Jul 29Kirloskar Oil Engines (NSE:KIRLOSENG) Has Announced A Dividend Of ₹2.50
Jul 13Here's Why Kirloskar Oil Engines (NSE:KIRLOSENG) Has A Meaningful Debt Burden
Jun 29Is Now The Time To Put Kirloskar Oil Engines (NSE:KIRLOSENG) On Your Watchlist?
May 04Here's Why Kirloskar Oil Engines (NSE:KIRLOSENG) Can Manage Its Debt Responsibly
Mar 09Kirloskar Oil Engines' (NSE:KIRLOSENG) Shareholders Will Receive A Bigger Dividend Than Last Year
Feb 13There's Been No Shortage Of Growth Recently For Kirloskar Oil Engines' (NSE:KIRLOSENG) Returns On Capital
Sep 09Kirloskar Oil Engines (NSE:KIRLOSENG) Takes On Some Risk With Its Use Of Debt
Aug 18Kirloskar Oil Engines (NSE:KIRLOSENG) Will Pay A Dividend Of ₹2.50
Jul 31Kirloskar Oil Engines (NSE:KIRLOSENG) Is Paying Out A Dividend Of ₹2.50
Jul 16Kirloskar Oil Engines (NSE:KIRLOSENG) Has Affirmed Its Dividend Of ₹2.50
Jul 02Kirloskar Oil Engines (NSE:KIRLOSENG) Has More To Do To Multiply In Value Going Forward
May 24Is Kirloskar Oil Engines (NSE:KIRLOSENG) Using Too Much Debt?
Mar 14A Look At The Fair Value Of Kirloskar Oil Engines Limited (NSE:KIRLOSENG)
Jan 25Financial Position Analysis
Short Term Liabilities: KIRLOSENG's short term assets (₹43.1B) exceed its short term liabilities (₹36.5B).
Long Term Liabilities: KIRLOSENG's short term assets (₹43.1B) exceed its long term liabilities (₹32.4B).
Debt to Equity History and Analysis
Debt Level: KIRLOSENG's net debt to equity ratio (141.5%) is considered high.
Reducing Debt: KIRLOSENG's debt to equity ratio has increased from 5% to 185.7% over the past 5 years.
Debt Coverage: KIRLOSENG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: KIRLOSENG's interest payments on its debt are not well covered by EBIT (2.8x coverage).