Kamat Hotels (India) Balance Sheet Health
Financial Health criteria checks 2/6
Kamat Hotels (India) has a total shareholder equity of ₹2.1B and total debt of ₹2.0B, which brings its debt-to-equity ratio to 97.2%. Its total assets and total liabilities are ₹6.2B and ₹4.1B respectively. Kamat Hotels (India)'s EBIT is ₹841.1M making its interest coverage ratio 1.4. It has cash and short-term investments of ₹344.6M.
Key information
97.2%
Debt to equity ratio
₹2.00b
Debt
Interest coverage ratio | 1.4x |
Cash | ₹344.61m |
Equity | ₹2.06b |
Total liabilities | ₹4.12b |
Total assets | ₹6.18b |
Recent financial health updates
No updates
Recent updates
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 (₹819.4M) do not cover its short term liabilities (₹1.4B).
Long Term Liabilities: KAMATHOTEL's short term assets (₹819.4M) do not cover its long term liabilities (₹2.7B).
Debt to Equity History and Analysis
Debt Level: KAMATHOTEL's net debt to equity ratio (80.4%) 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 (34.5%).
Interest Coverage: KAMATHOTEL's interest payments on its debt are not well covered by EBIT (1.4x coverage).