Kinetic Trust Balance Sheet Health
Financial Health criteria checks 2/6
Kinetic Trust has a total shareholder equity of ₹36.3M and total debt of ₹27.5M, which brings its debt-to-equity ratio to 75.6%. Its total assets and total liabilities are ₹65.5M and ₹29.2M respectively.
Key information
75.6%
Debt to equity ratio
₹27.45m
Debt
Interest coverage ratio | n/a |
Cash | ₹400.00k |
Equity | ₹36.30m |
Total liabilities | ₹29.18m |
Total assets | ₹65.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531274's short term assets (₹62.8M) exceed its short term liabilities (₹1.6M).
Long Term Liabilities: 531274's short term assets (₹62.8M) exceed its long term liabilities (₹27.6M).
Debt to Equity History and Analysis
Debt Level: 531274's net debt to equity ratio (74.5%) is considered high.
Reducing Debt: 531274's debt to equity ratio has increased from 0.9% to 75.6% over the past 5 years.
Debt Coverage: 531274's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 531274's interest payments on its debt are well covered by EBIT.