Kandarp Digi Smart BPO Balance Sheet Health
Financial Health criteria checks 4/6
Kandarp Digi Smart BPO has a total shareholder equity of ₹179.3M and total debt of ₹48.3M, which brings its debt-to-equity ratio to 26.9%. Its total assets and total liabilities are ₹256.0M and ₹76.7M respectively. Kandarp Digi Smart BPO's EBIT is ₹20.5M making its interest coverage ratio 4.2. It has cash and short-term investments of ₹9.6M.
Key information
26.9%
Debt to equity ratio
₹48.26m
Debt
| Interest coverage ratio | 4.2x |
| Cash | ₹9.63m |
| Equity | ₹179.31m |
| Total liabilities | ₹76.73m |
| Total assets | ₹256.04m |
Recent financial health updates
No updates
Recent updates
After Leaping 27% Kandarp Digi Smart BPO Limited (NSE:KANDARP) Shares Are Not Flying Under The Radar
Sep 25
Market Might Still Lack Some Conviction On Kandarp Digi Smart BPO Limited (NSE:KANDARP) Even After 28% Share Price Boost
Jul 21Kandarp Digi Smart BPO Limited's (NSE:KANDARP) Shares Bounce 31% But Its Business Still Trails The Market
Sep 16Financial Position Analysis
Short Term Liabilities: KANDARP's short term assets (₹143.7M) exceed its short term liabilities (₹69.7M).
Long Term Liabilities: KANDARP's short term assets (₹143.7M) exceed its long term liabilities (₹7.1M).
Debt to Equity History and Analysis
Debt Level: KANDARP's net debt to equity ratio (21.5%) is considered satisfactory.
Reducing Debt: KANDARP's debt to equity ratio has increased from 20.8% to 26.9% over the past 5 years.
Debt Coverage: KANDARP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: KANDARP's interest payments on its debt are well covered by EBIT (4.2x coverage).