Khazanchi Jewellers Balance Sheet Health
Financial Health criteria checks 4/6
Khazanchi Jewellers has a total shareholder equity of ₹2.1B and total debt of ₹491.4M, which brings its debt-to-equity ratio to 23.7%. Its total assets and total liabilities are ₹2.8B and ₹678.2M respectively. Khazanchi Jewellers's EBIT is ₹494.0M making its interest coverage ratio 12.7. It has cash and short-term investments of ₹7.9M.
Key information
23.7%
Debt to equity ratio
₹491.40m
Debt
| Interest coverage ratio | 12.7x |
| Cash | ₹7.92m |
| Equity | ₹2.08b |
| Total liabilities | ₹678.22m |
| Total assets | ₹2.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543953's short term assets (₹2.5B) exceed its short term liabilities (₹542.3M).
Long Term Liabilities: 543953's short term assets (₹2.5B) exceed its long term liabilities (₹136.0M).
Debt to Equity History and Analysis
Debt Level: 543953's net debt to equity ratio (23.3%) 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 debt is not well covered by operating cash flow (8.1%).
Interest Coverage: 543953's interest payments on its debt are well covered by EBIT (12.7x coverage).