KIFS Financial Services Balance Sheet Health
Financial Health criteria checks 2/6
KIFS Financial Services has a total shareholder equity of ₹479.4M and total debt of ₹3.3B, which brings its debt-to-equity ratio to 695.2%. Its total assets and total liabilities are ₹3.9B and ₹3.4B respectively.
Key information
695.2%
Debt to equity ratio
₹3.33b
Debt
Interest coverage ratio | n/a |
Cash | ₹26.30m |
Equity | ₹479.44m |
Total liabilities | ₹3.39b |
Total assets | ₹3.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 535566's short term assets (₹3.8B) exceed its short term liabilities (₹3.3B).
Long Term Liabilities: 535566's short term assets (₹3.8B) exceed its long term liabilities (₹53.0M).
Debt to Equity History and Analysis
Debt Level: 535566's net debt to equity ratio (689.7%) is considered high.
Reducing Debt: 535566's debt to equity ratio has increased from 60.9% to 695.2% over the past 5 years.
Debt Coverage: 535566's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 535566's interest payments on its debt are well covered by EBIT.