Kenvi Jewels Balance Sheet Health
Financial Health criteria checks 2/6
Kenvi Jewels has a total shareholder equity of ₹143.5M and total debt of ₹83.6M, which brings its debt-to-equity ratio to 58.2%. Its total assets and total liabilities are ₹234.9M and ₹91.3M respectively. Kenvi Jewels's EBIT is ₹13.5M making its interest coverage ratio 2.5. It has cash and short-term investments of ₹9.7M.
Key information
58.2%
Debt to equity ratio
₹83.58m
Debt
Interest coverage ratio | 2.5x |
Cash | ₹9.69m |
Equity | ₹143.54m |
Total liabilities | ₹91.32m |
Total assets | ₹234.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540953's short term assets (₹230.9M) exceed its short term liabilities (₹91.3M).
Long Term Liabilities: 540953 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 540953's net debt to equity ratio (51.5%) is considered high.
Reducing Debt: 540953's debt to equity ratio has increased from 12.7% to 58.2% over the past 5 years.
Debt Coverage: 540953's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: 540953's interest payments on its debt are not well covered by EBIT (2.5x coverage).