Kshitij Polyline Balance Sheet Health
Financial Health criteria checks 2/6
Kshitij Polyline has a total shareholder equity of ₹202.9M and total debt of ₹444.0M, which brings its debt-to-equity ratio to 218.8%. Its total assets and total liabilities are ₹743.7M and ₹540.8M respectively.
Key information
218.8%
Debt to equity ratio
₹444.00m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹6.40m |
| Equity | ₹202.90m |
| Total liabilities | ₹540.80m |
| Total assets | ₹743.70m |
Recent financial health updates
Kshitij Polyline (NSE:KSHITIJPOL) Has A Somewhat Strained Balance Sheet
Sep 13
Is Kshitij Polyline (NSE:KSHITIJPOL) A Risky Investment?
Dec 14Is Kshitij Polyline (NSE:KSHITIJPOL) A Risky Investment?
Jul 07These 4 Measures Indicate That Kshitij Polyline (NSE:KSHITIJPOL) Is Using Debt Extensively
Dec 21Recent updates
Market Might Still Lack Some Conviction On Kshitij Polyline Limited (NSE:KSHITIJPOL) Even After 40% Share Price Boost
Jun 15Kshitij Polyline (NSE:KSHITIJPOL) Has A Somewhat Strained Balance Sheet
Sep 13Is Kshitij Polyline (NSE:KSHITIJPOL) A Risky Investment?
Dec 14Is Kshitij Polyline (NSE:KSHITIJPOL) A Risky Investment?
Jul 07These 4 Measures Indicate That Kshitij Polyline (NSE:KSHITIJPOL) Is Using Debt Extensively
Dec 21Have Insiders Sold Kshitij Polyline Limited (NSE:KSHITIJPOL) Shares Recently?
Feb 06This Insider Has Just Sold Shares In Kshitij Polyline Limited (NSE:KSHITIJPOL)
Jan 08
Financial Position Analysis
Short Term Liabilities: KSHITIJPOL's short term assets (₹443.4M) exceed its short term liabilities (₹368.4M).
Long Term Liabilities: KSHITIJPOL's short term assets (₹443.4M) exceed its long term liabilities (₹172.4M).
Debt to Equity History and Analysis
Debt Level: KSHITIJPOL's net debt to equity ratio (215.7%) is considered high.
Reducing Debt: KSHITIJPOL's debt to equity ratio has increased from 83.6% to 218.8% over the past 5 years.
Debt Coverage: KSHITIJPOL's debt is not well covered by operating cash flow (0.4%).
Interest Coverage: Insufficient data to determine if KSHITIJPOL's interest payments on its debt are well covered by EBIT.