Khazanchi Jewellers Balance Sheet Health
Financial Health criteria checks 4/6
Khazanchi Jewellers has a total shareholder equity of ₹2.0B and total debt of ₹557.2M, which brings its debt-to-equity ratio to 28.3%. Its total assets and total liabilities are ₹2.6B and ₹651.6M respectively. Khazanchi Jewellers's EBIT is ₹484.9M making its interest coverage ratio 11. It has cash and short-term investments of ₹8.5M.
Key information
28.3%
Debt to equity ratio
₹557.24m
Debt
| Interest coverage ratio | 11x |
| Cash | ₹8.50m |
| Equity | ₹1.97b |
| Total liabilities | ₹651.62m |
| Total assets | ₹2.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543953's short term assets (₹2.4B) exceed its short term liabilities (₹468.7M).
Long Term Liabilities: 543953's short term assets (₹2.4B) exceed its long term liabilities (₹182.9M).
Debt to Equity History and Analysis
Debt Level: 543953's net debt to equity ratio (27.9%) 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 (11x coverage).