Koura Fine Diamond Jewelry Balance Sheet Health
Financial Health criteria checks 4/6
Koura Fine Diamond Jewelry has a total shareholder equity of ₹26.9M and total debt of ₹5.2M, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are ₹32.7M and ₹5.8M respectively. Koura Fine Diamond Jewelry's EBIT is ₹2.2M making its interest coverage ratio 7. It has cash and short-term investments of ₹996.0K.
Key information
19.3%
Debt to equity ratio
₹5.18m
Debt
Interest coverage ratio | 7x |
Cash | ₹996.00k |
Equity | ₹26.91m |
Total liabilities | ₹5.83m |
Total assets | ₹32.73m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544139's short term assets (₹30.6M) exceed its short term liabilities (₹5.8M).
Long Term Liabilities: 544139's short term assets (₹30.6M) exceed its long term liabilities (₹4.0K).
Debt to Equity History and Analysis
Debt Level: 544139's net debt to equity ratio (15.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 544139's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 544139's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 544139's interest payments on its debt are well covered by EBIT (7x coverage).