Ken Financial Services Balance Sheet Health
Financial Health criteria checks 5/6
Ken Financial Services has a total shareholder equity of ₹71.0M and total debt of ₹20.8M, which brings its debt-to-equity ratio to 29.3%. Its total assets and total liabilities are ₹93.7M and ₹22.7M respectively.
Key information
29.3%
Debt to equity ratio
₹20.81m
Debt
Interest coverage ratio | n/a |
Cash | ₹885.00k |
Equity | ₹71.01m |
Total liabilities | ₹22.66m |
Total assets | ₹93.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530547's short term assets (₹78.6M) exceed its short term liabilities (₹22.2M).
Long Term Liabilities: 530547's short term assets (₹78.6M) exceed its long term liabilities (₹442.0K).
Debt to Equity History and Analysis
Debt Level: 530547's net debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: 530547's debt to equity ratio has reduced from 90.6% to 29.3% over the past 5 years.
Debt Coverage: 530547's debt is well covered by operating cash flow (595.7%).
Interest Coverage: Insufficient data to determine if 530547's interest payments on its debt are well covered by EBIT.