Kewal Kiran Clothing Balance Sheet Health
Financial Health criteria checks 6/6
Kewal Kiran Clothing has a total shareholder equity of ₹6.5B and total debt of ₹138.7M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are ₹8.6B and ₹2.1B respectively. Kewal Kiran Clothing's EBIT is ₹1.6B making its interest coverage ratio 80.1. It has cash and short-term investments of ₹3.1B.
Key information
2.1%
Debt to equity ratio
₹138.70m
Debt
Interest coverage ratio | 80.1x |
Cash | ₹3.06b |
Equity | ₹6.51b |
Total liabilities | ₹2.06b |
Total assets | ₹8.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532732's short term assets (₹6.6B) exceed its short term liabilities (₹1.9B).
Long Term Liabilities: 532732's short term assets (₹6.6B) exceed its long term liabilities (₹168.4M).
Debt to Equity History and Analysis
Debt Level: 532732 has more cash than its total debt.
Reducing Debt: 532732's debt to equity ratio has reduced from 19.5% to 2.1% over the past 5 years.
Debt Coverage: 532732's debt is well covered by operating cash flow (599.9%).
Interest Coverage: 532732's interest payments on its debt are well covered by EBIT (80.1x coverage).