Krishna Defence and Allied Industries Balance Sheet Health
Financial Health criteria checks 5/6
Krishna Defence and Allied Industries has a total shareholder equity of ₹1.1B and total debt of ₹94.3M, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are ₹1.3B and ₹270.5M respectively. Krishna Defence and Allied Industries's EBIT is ₹132.8M making its interest coverage ratio 9.8. It has cash and short-term investments of ₹441.6M.
Key information
8.9%
Debt to equity ratio
₹94.30m
Debt
| Interest coverage ratio | 9.8x |
| Cash | ₹441.59m |
| Equity | ₹1.06b |
| Total liabilities | ₹270.55m |
| Total assets | ₹1.33b |
Recent financial health updates
Recent updates
Krishna Defence and Allied Industries (NSE:KRISHNADEF) Seems To Use Debt Quite Sensibly
Jan 31
Here's Why We Think Krishna Defence and Allied Industries (NSE:KRISHNADEF) Is Well Worth Watching
Dec 19Here's Why Krishna Defence and Allied Industries (NSE:KRISHNADEF) Has Caught The Eye Of Investors
Jul 13Krishna Defence and Allied Industries Limited's (NSE:KRISHNADEF) 30% Share Price Surge Not Quite Adding Up
Aug 09Financial Position Analysis
Short Term Liabilities: KRISHNADEF's short term assets (₹1.1B) exceed its short term liabilities (₹253.5M).
Long Term Liabilities: KRISHNADEF's short term assets (₹1.1B) exceed its long term liabilities (₹17.1M).
Debt to Equity History and Analysis
Debt Level: KRISHNADEF has more cash than its total debt.
Reducing Debt: KRISHNADEF's debt to equity ratio has reduced from 178.2% to 8.9% over the past 5 years.
Debt Coverage: KRISHNADEF's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: KRISHNADEF's interest payments on its debt are well covered by EBIT (9.8x coverage).