Kanungo Financiers Balance Sheet Health
Financial Health criteria checks 2/6
Kanungo Financiers has a total shareholder equity of ₹58.7M and total debt of ₹80.2M, which brings its debt-to-equity ratio to 136.7%. Its total assets and total liabilities are ₹139.4M and ₹80.8M respectively.
Key information
136.7%
Debt to equity ratio
₹80.18m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹5.75m |
| Equity | ₹58.67m |
| Total liabilities | ₹80.75m |
| Total assets | ₹139.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540515's short term assets (₹139.4M) exceed its short term liabilities (₹3.1M).
Long Term Liabilities: 540515's short term assets (₹139.4M) exceed its long term liabilities (₹77.7M).
Debt to Equity History and Analysis
Debt Level: 540515's net debt to equity ratio (126.9%) is considered high.
Reducing Debt: 540515's debt to equity ratio has increased from 104.3% to 136.7% over the past 5 years.
Debt Coverage: 540515's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 540515's interest payments on its debt are well covered by EBIT.