Stove Kraft Balance Sheet Health
Financial Health criteria checks 4/6
Stove Kraft has a total shareholder equity of ₹4.6B and total debt of ₹1.9B, which brings its debt-to-equity ratio to 42.1%. Its total assets and total liabilities are ₹12.5B and ₹8.0B respectively. Stove Kraft's EBIT is ₹759.8M making its interest coverage ratio 2.9. It has cash and short-term investments of ₹169.8M.
Key information
42.1%
Debt to equity ratio
₹1.92b
Debt
Interest coverage ratio | 2.9x |
Cash | ₹169.83m |
Equity | ₹4.56b |
Total liabilities | ₹7.95b |
Total assets | ₹12.52b |
Recent financial health updates
Recent updates
Stove Kraft's (NSE:STOVEKRAFT) Returns Have Hit A Wall
Nov 17Here's Why It's Unlikely That Stove Kraft Limited's (NSE:STOVEKRAFT) CEO Will See A Pay Rise This Year
Sep 14Investors Appear Satisfied With Stove Kraft Limited's (NSE:STOVEKRAFT) Prospects As Shares Rocket 29%
Aug 20Stove Kraft Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Aug 15Does Stove Kraft (NSE:STOVEKRAFT) Have A Healthy Balance Sheet?
Aug 13Stove Kraft Limited (NSE:STOVEKRAFT) Not Lagging Market On Growth Or Pricing
Jun 25Slowing Rates Of Return At Stove Kraft (NSE:STOVEKRAFT) Leave Little Room For Excitement
May 22Market Participants Recognise Stove Kraft Limited's (NSE:STOVEKRAFT) Earnings
Mar 13Stove Kraft Limited Just Missed Revenue By 8.4%: Here's What Analysts Think Will Happen Next
Feb 12Stove Kraft's (NSE:STOVEKRAFT) Returns On Capital Are Heading Higher
Feb 28We Like Stove Kraft's (NSE:STOVEKRAFT) Returns And Here's How They're Trending
Jun 28Earnings Report: Stove Kraft Limited Missed Revenue Estimates By 14%
Feb 11Stove Kraft Limited's (NSE:STOVEKRAFT) 34% Cheaper Price Remains In Tune With Earnings
Feb 10Calculating The Fair Value Of Stove Kraft Limited (NSE:STOVEKRAFT)
Feb 09Financial Position Analysis
Short Term Liabilities: STOVEKRAFT's short term assets (₹6.0B) do not cover its short term liabilities (₹6.4B).
Long Term Liabilities: STOVEKRAFT's short term assets (₹6.0B) exceed its long term liabilities (₹1.6B).
Debt to Equity History and Analysis
Debt Level: STOVEKRAFT's net debt to equity ratio (38.3%) is considered satisfactory.
Reducing Debt: STOVEKRAFT had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: STOVEKRAFT's debt is well covered by operating cash flow (51.4%).
Interest Coverage: STOVEKRAFT's interest payments on its debt are not well covered by EBIT (2.9x coverage).