Kriti Industries (India) Balance Sheet Health
Financial Health criteria checks 5/6
Kriti Industries (India) has a total shareholder equity of ₹1.5B and total debt of ₹1.3B, which brings its debt-to-equity ratio to 83%. Its total assets and total liabilities are ₹4.5B and ₹3.0B respectively. Kriti Industries (India)'s EBIT is ₹470.0M making its interest coverage ratio 4.2. It has cash and short-term investments of ₹3.0M.
Key information
83.0%
Debt to equity ratio
₹1.26b
Debt
| Interest coverage ratio | 4.2x |
| Cash | ₹2.98m |
| Equity | ₹1.52b |
| Total liabilities | ₹3.02b |
| Total assets | ₹4.54b |
Recent financial health updates
Recent updates
Kriti Industries (India) Limited (NSE:KRITI) Stock Catapults 31% Though Its Price And Business Still Lag The Industry
Feb 09
Here's Why Kriti Industries (India) (NSE:KRITI) Has A Meaningful Debt Burden
Jan 26Kriti Industries (India) (NSE:KRITI) Knows How To Allocate Capital
Dec 22Returns On Capital At Kriti Industries (India) (NSE:KRITI) Paint A Concerning Picture
Aug 17Kriti Industries (India)'s (NSE:KRITI) Dividend Will Be ₹0.20
Jul 28Fewer Investors Than Expected Jumping On Kriti Industries (India) Limited (NSE:KRITI)
Jan 31Kriti Industries (India) (NSE:KRITI) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 03Financial Position Analysis
Short Term Liabilities: KRITI's short term assets (₹2.8B) exceed its short term liabilities (₹2.3B).
Long Term Liabilities: KRITI's short term assets (₹2.8B) exceed its long term liabilities (₹682.8M).
Debt to Equity History and Analysis
Debt Level: KRITI's net debt to equity ratio (82.9%) is considered high.
Reducing Debt: KRITI's debt to equity ratio has reduced from 93.4% to 83% over the past 5 years.
Debt Coverage: KRITI's debt is well covered by operating cash flow (46.4%).
Interest Coverage: KRITI's interest payments on its debt are well covered by EBIT (4.2x coverage).