Khazanchi Jewellers Balance Sheet Health
Financial Health criteria checks 4/6
Khazanchi Jewellers has a total shareholder equity of ₹1.9B and total debt of ₹548.0M, which brings its debt-to-equity ratio to 29.2%. Its total assets and total liabilities are ₹2.5B and ₹665.3M respectively. Khazanchi Jewellers's EBIT is ₹415.1M making its interest coverage ratio 8.6. It has cash and short-term investments of ₹8.6M.
Key information
29.2%
Debt to equity ratio
₹547.98m
Debt
Interest coverage ratio | 8.6x |
Cash | ₹8.62m |
Equity | ₹1.88b |
Total liabilities | ₹665.27m |
Total assets | ₹2.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543953's short term assets (₹2.3B) exceed its short term liabilities (₹471.3M).
Long Term Liabilities: 543953's short term assets (₹2.3B) exceed its long term liabilities (₹194.0M).
Debt to Equity History and Analysis
Debt Level: 543953's net debt to equity ratio (28.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 543953's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543953's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543953's interest payments on its debt are well covered by EBIT (8.6x coverage).