Stove Kraft Balance Sheet Health
Financial Health criteria checks 4/6
Stove Kraft has a total shareholder equity of ₹4.3B and total debt of ₹2.4B, which brings its debt-to-equity ratio to 55.1%. Its total assets and total liabilities are ₹10.6B and ₹6.3B respectively. Stove Kraft's EBIT is ₹557.6M making its interest coverage ratio 2.7. It has cash and short-term investments of ₹408.1M.
Key information
55.1%
Debt to equity ratio
₹2.36b
Debt
| Interest coverage ratio | 2.7x |
| Cash | ₹408.07m |
| Equity | ₹4.29b |
| Total liabilities | ₹6.28b |
| Total assets | ₹10.56b |
Recent financial health updates
No updates
Recent updates
Market Participants Recognise Stove Kraft Limited's (NSE:STOVEKRAFT) Earnings
Mar 13
Stove 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 (₹5.5B) exceed its short term liabilities (₹5.2B).
Long Term Liabilities: STOVEKRAFT's short term assets (₹5.5B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: STOVEKRAFT's net debt to equity ratio (45.6%) is considered high.
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 (49.8%).
Interest Coverage: STOVEKRAFT's interest payments on its debt are not well covered by EBIT (2.7x coverage).