Kizi Apparels Balance Sheet Health
Financial Health criteria checks 3/6
Kizi Apparels has a total shareholder equity of ₹58.7M and total debt of ₹51.5M, which brings its debt-to-equity ratio to 87.6%. Its total assets and total liabilities are ₹134.0M and ₹75.3M respectively. Kizi Apparels's EBIT is ₹15.8M making its interest coverage ratio 3.2. It has cash and short-term investments of ₹2.0M.
Key information
87.6%
Debt to equity ratio
₹51.46m
Debt
| Interest coverage ratio | 3.2x |
| Cash | ₹2.01m |
| Equity | ₹58.75m |
| Total liabilities | ₹75.28m |
| Total assets | ₹134.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544221's short term assets (₹120.1M) exceed its short term liabilities (₹54.3M).
Long Term Liabilities: 544221's short term assets (₹120.1M) exceed its long term liabilities (₹21.0M).
Debt to Equity History and Analysis
Debt Level: 544221's net debt to equity ratio (84.2%) is considered high.
Reducing Debt: Insufficient data to determine if 544221's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 544221's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 544221's interest payments on its debt are well covered by EBIT (3.2x coverage).