Kamat Hotels (India) Balance Sheet Health
Financial Health criteria checks 2/6
Kamat Hotels (India) has a total shareholder equity of ₹1.6B and total debt of ₹3.5B, which brings its debt-to-equity ratio to 227.4%. Its total assets and total liabilities are ₹6.3B and ₹4.7B respectively. Kamat Hotels (India)'s EBIT is ₹796.0M making its interest coverage ratio 2.5. It has cash and short-term investments of ₹220.9M.
Key information
227.4%
Debt to equity ratio
₹3.54b
Debt
Interest coverage ratio | 2.5x |
Cash | ₹220.85m |
Equity | ₹1.55b |
Total liabilities | ₹4.74b |
Total assets | ₹6.30b |
Recent financial health updates
No updates
Recent updates
Calculating 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 (₹1.5B) do not cover its short term liabilities (₹2.4B).
Long Term Liabilities: KAMATHOTEL's short term assets (₹1.5B) do not cover its long term liabilities (₹2.3B).
Debt to Equity History and Analysis
Debt Level: KAMATHOTEL's net debt to equity ratio (213.2%) 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 (23.9%).
Interest Coverage: KAMATHOTEL's interest payments on its debt are not well covered by EBIT (2.5x coverage).