KRN Heat Exchanger and Refrigeration Balance Sheet Health
Financial Health criteria checks 5/6
KRN Heat Exchanger and Refrigeration has a total shareholder equity of ₹5.0B and total debt of ₹530.1M, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are ₹6.3B and ₹1.3B respectively. KRN Heat Exchanger and Refrigeration's EBIT is ₹631.9M making its interest coverage ratio 30. It has cash and short-term investments of ₹3.5B.
Key information
10.6%
Debt to equity ratio
₹530.12m
Debt
| Interest coverage ratio | 30x |
| Cash | ₹3.50b |
| Equity | ₹5.00b |
| Total liabilities | ₹1.31b |
| Total assets | ₹6.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KRN's short term assets (₹5.2B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: KRN's short term assets (₹5.2B) exceed its long term liabilities (₹164.1M).
Debt to Equity History and Analysis
Debt Level: KRN has more cash than its total debt.
Reducing Debt: Insufficient data to determine if KRN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: KRN's debt is well covered by operating cash flow (81.8%).
Interest Coverage: KRN's interest payments on its debt are well covered by EBIT (30x coverage).