Karnimata Cold Storage Balance Sheet Health
Financial Health criteria checks 4/6
Karnimata Cold Storage has a total shareholder equity of ₹93.4M and total debt of ₹82.4M, which brings its debt-to-equity ratio to 88.3%. Its total assets and total liabilities are ₹185.0M and ₹91.6M respectively. Karnimata Cold Storage's EBIT is ₹17.6M making its interest coverage ratio 3.7. It has cash and short-term investments of ₹9.8M.
Key information
88.3%
Debt to equity ratio
₹82.44m
Debt
Interest coverage ratio | 3.7x |
Cash | ₹9.84m |
Equity | ₹93.37m |
Total liabilities | ₹91.64m |
Total assets | ₹185.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 537784's short term assets (₹97.3M) exceed its short term liabilities (₹86.5M).
Long Term Liabilities: 537784's short term assets (₹97.3M) exceed its long term liabilities (₹5.2M).
Debt to Equity History and Analysis
Debt Level: 537784's net debt to equity ratio (77.8%) is considered high.
Reducing Debt: 537784's debt to equity ratio has reduced from 148% to 88.3% over the past 5 years.
Debt Coverage: 537784's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: 537784's interest payments on its debt are well covered by EBIT (3.7x coverage).