Stove Kraft Balance Sheet Health
Financial Health criteria checks 3/6
Stove Kraft has a total shareholder equity of ₹4.4B and total debt of ₹3.2B, which brings its debt-to-equity ratio to 72.5%. Its total assets and total liabilities are ₹11.0B and ₹6.6B respectively. Stove Kraft's EBIT is ₹724.5M making its interest coverage ratio 2.7. It has cash and short-term investments of ₹150.2M.
Key information
72.5%
Debt to equity ratio
₹3.18b
Debt
| Interest coverage ratio | 2.7x |
| Cash | ₹150.18m |
| Equity | ₹4.39b |
| Total liabilities | ₹6.58b |
| Total assets | ₹10.97b |
Recent financial health updates
Recent updates
Does Stove Kraft (NSE:STOVEKRAFT) Have A Healthy Balance Sheet?
Aug 13
Stove 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 (₹5.1B) do not cover its short term liabilities (₹5.3B).
Long Term Liabilities: STOVEKRAFT's short term assets (₹5.1B) exceed its long term liabilities (₹1.3B).
Debt to Equity History and Analysis
Debt Level: STOVEKRAFT's net debt to equity ratio (69.1%) 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 (35.4%).
Interest Coverage: STOVEKRAFT's interest payments on its debt are not well covered by EBIT (2.7x coverage).