Ken Financial Services Balance Sheet Health
Financial Health criteria checks 4/6
Ken Financial Services has a total shareholder equity of ₹72.3M and total debt of ₹22.4M, which brings its debt-to-equity ratio to 31%. Its total assets and total liabilities are ₹96.3M and ₹24.0M respectively.
Key information
31.0%
Debt to equity ratio
₹22.43m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹393.00k |
| Equity | ₹72.29m |
| Total liabilities | ₹24.00m |
| Total assets | ₹96.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530547's short term assets (₹81.1M) exceed its short term liabilities (₹23.4M).
Long Term Liabilities: 530547's short term assets (₹81.1M) exceed its long term liabilities (₹553.0K).
Debt to Equity History and Analysis
Debt Level: 530547's net debt to equity ratio (30.5%) is considered satisfactory.
Reducing Debt: 530547's debt to equity ratio has reduced from 79.5% to 31% over the past 5 years.
Debt Coverage: 530547's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 530547's interest payments on its debt are well covered by EBIT.