Karnavati Finance Balance Sheet Health
Financial Health criteria checks 2/6
Karnavati Finance has a total shareholder equity of ₹138.1M and total debt of ₹174.4M, which brings its debt-to-equity ratio to 126.3%. Its total assets and total liabilities are ₹322.6M and ₹184.5M respectively.
Key information
126.3%
Debt to equity ratio
₹174.41m
Debt
Interest coverage ratio | n/a |
Cash | ₹2.05m |
Equity | ₹138.07m |
Total liabilities | ₹184.50m |
Total assets | ₹322.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538928's short term assets (₹320.1M) exceed its short term liabilities (₹10.1M).
Long Term Liabilities: 538928's short term assets (₹320.1M) exceed its long term liabilities (₹174.4M).
Debt to Equity History and Analysis
Debt Level: 538928's net debt to equity ratio (124.8%) is considered high.
Reducing Debt: 538928's debt to equity ratio has increased from 118.7% to 126.3% over the past 5 years.
Debt Coverage: 538928's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 538928's interest payments on its debt are well covered by EBIT.