Kriti Industries (India) Balance Sheet Health
Financial Health criteria checks 4/6
Kriti Industries (India) has a total shareholder equity of ₹2.0B and total debt of ₹1.4B, which brings its debt-to-equity ratio to 69.1%. Its total assets and total liabilities are ₹5.3B and ₹3.3B respectively. Kriti Industries (India)'s EBIT is ₹481.8M making its interest coverage ratio 3.7. It has cash and short-term investments of ₹249.4M.
Key information
69.1%
Debt to equity ratio
₹1.37b
Debt
| Interest coverage ratio | 3.7x |
| Cash | ₹249.43m |
| Equity | ₹1.98b |
| Total liabilities | ₹3.34b |
| Total assets | ₹5.33b |
Recent financial health updates
Recent updates
Kriti Industries (India) Limited (NSE:KRITI) May Have Run Too Fast Too Soon With Recent 26% Price Plummet
Nov 16
Revenues Not Telling The Story For Kriti Industries (India) Limited (NSE:KRITI) After Shares Rise 27%
Aug 20Kriti Industries (India) Limited's (NSE:KRITI) Share Price Boosted 44% But Its Business Prospects Need A Lift Too
Jun 13Kriti Industries (India) Limited (NSE:KRITI) Stock Catapults 31% Though Its Price And Business Still Lag The Industry
Feb 09Here'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 (₹3.5B) exceed its short term liabilities (₹2.7B).
Long Term Liabilities: KRITI's short term assets (₹3.5B) exceed its long term liabilities (₹628.5M).
Debt to Equity History and Analysis
Debt Level: KRITI's net debt to equity ratio (56.5%) is considered high.
Reducing Debt: KRITI's debt to equity ratio has reduced from 79.5% to 69.1% over the past 5 years.
Debt Coverage: KRITI's debt is not well covered by operating cash flow (7.6%).
Interest Coverage: KRITI's interest payments on its debt are well covered by EBIT (3.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 06:24 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Kriti Industries (India) Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
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