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
We Think Kirloskar Oil Engines (NSE:KIRLOSENG) Is Taking Some Risk With Its Debt
Jan 12
Here'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
What 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 25Estimating The Fair Value Of Kirloskar Oil Engines Limited (NSE:KIRLOSENG)
Apr 15Is Kirloskar Oil Engines (NSE:KIRLOSENG) A Future Multi-bagger?
Feb 07Has Kirloskar Oil Engines Limited's (NSE:KIRLOSENG) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Jan 17
How Much Of Kirloskar Oil Engines Limited (NSE:KIRLOSENG) Do Insiders Own?
Dec 27Kirloskar Oil Engines (NSE:KIRLOSENG) Share Prices Have Dropped 66% In The Last Three Years
Dec 10Something To Consider Before Buying Kirloskar Oil Engines Limited (NSE:KIRLOSENG) For The 3.6% Dividend
Nov 22The Trends At Kirloskar Oil Engines (NSE:KIRLOSENG) That You Should Know About
Nov 04Financial Position Analysis
Short Term Liabilities: KIRLOSENG's short term assets (₹33.5B) exceed its short term liabilities (₹25.9B).
Long Term Liabilities: KIRLOSENG's short term assets (₹33.5B) exceed its long term liabilities (₹19.5B).
Debt to Equity History and Analysis
Debt Level: KIRLOSENG's net debt to equity ratio (107%) is considered high.
Reducing Debt: KIRLOSENG's debt to equity ratio has increased from 6.2% to 134.6% 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 (2.9x coverage).