Kamat Hotels (India) Balance Sheet Health
Financial Health criteria checks 2/6
Kamat Hotels (India) has a total shareholder equity of ₹2.4B and total debt of ₹1.5B, which brings its debt-to-equity ratio to 62.3%. Its total assets and total liabilities are ₹6.0B and ₹3.6B respectively. Kamat Hotels (India)'s EBIT is ₹683.6M making its interest coverage ratio 1.8. It has cash and short-term investments of ₹209.1M.
Key information
62.3%
Debt to equity ratio
₹1.50b
Debt
| Interest coverage ratio | 1.8x |
| Cash | ₹209.06m |
| Equity | ₹2.41b |
| Total liabilities | ₹3.60b |
| Total assets | ₹6.02b |
Recent financial health updates
No updates
Recent updates
Kamat Hotels (India) (NSE:KAMATHOTEL) Is Reinvesting At Lower Rates Of Return
Jul 27
Why Kamat Hotels (India)'s (NSE:KAMATHOTEL) Shaky Earnings Are Just The Beginning Of Its Problems
May 21Calculating The Fair Value Of Kamat Hotels (India) Limited (NSE:KAMATHOTEL)
Jun 01A Look At The Fair Value Of Kamat Hotels (India) Limited (NSE:KAMATHOTEL)
Aug 17How Much Does Kamat Hotels (India)'s (NSE:KAMATHOTEL) CEO Make?
Feb 10Are Kamat Hotels (India)'s (NSE:KAMATHOTEL) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Sep 07Improved Earnings Required Before Kamat Hotels (India) Limited (NSE:KAMATHOTEL) Shares Find Their Feet
Aug 02Financial Position Analysis
Short Term Liabilities: KAMATHOTEL's short term assets (₹714.2M) do not cover its short term liabilities (₹1.2B).
Long Term Liabilities: KAMATHOTEL's short term assets (₹714.2M) do not cover its long term liabilities (₹2.4B).
Debt to Equity History and Analysis
Debt Level: KAMATHOTEL's net debt to equity ratio (53.7%) is considered high.
Reducing Debt: KAMATHOTEL had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: KAMATHOTEL's debt is well covered by operating cash flow (55.4%).
Interest Coverage: KAMATHOTEL's interest payments on its debt are not well covered by EBIT (1.8x coverage).