Kreon Finnancial Services Balance Sheet Health
Financial Health criteria checks 5/6
Kreon Finnancial Services has a total shareholder equity of ₹344.7M and total debt of ₹89.6M, which brings its debt-to-equity ratio to 26%. Its total assets and total liabilities are ₹443.3M and ₹98.6M respectively. Kreon Finnancial Services's EBIT is ₹20.8M making its interest coverage ratio 5.2. It has cash and short-term investments of ₹71.9M.
Key information
26.0%
Debt to equity ratio
₹89.57m
Debt
Interest coverage ratio | 5.2x |
Cash | ₹71.92m |
Equity | ₹344.73m |
Total liabilities | ₹98.62m |
Total assets | ₹443.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530139's short term assets (₹372.6M) exceed its short term liabilities (₹77.4M).
Long Term Liabilities: 530139's short term assets (₹372.6M) exceed its long term liabilities (₹21.2M).
Debt to Equity History and Analysis
Debt Level: 530139's net debt to equity ratio (5.1%) is considered satisfactory.
Reducing Debt: 530139's debt to equity ratio has reduced from 42.4% to 26% over the past 5 years.
Debt Coverage: 530139's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 530139's interest payments on its debt are well covered by EBIT (5.2x coverage).