Khandwala Securities Balance Sheet Health
Financial Health criteria checks 4/6
Khandwala Securities has a total shareholder equity of ₹304.0M and total debt of ₹4.1M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are ₹507.5M and ₹203.5M respectively.
Key information
1.4%
Debt to equity ratio
₹4.14m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹25.04m |
| Equity | ₹303.96m |
| Total liabilities | ₹203.50m |
| Total assets | ₹507.46m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: KHANDSE's short term assets (₹111.4M) do not cover its short term liabilities (₹197.3M).
Long Term Liabilities: KHANDSE's short term assets (₹111.4M) exceed its long term liabilities (₹6.2M).
Debt to Equity History and Analysis
Debt Level: KHANDSE has more cash than its total debt.
Reducing Debt: KHANDSE's debt to equity ratio has reduced from 13.3% to 1.4% over the past 5 years.
Debt Coverage: KHANDSE's debt is well covered by operating cash flow (1728.1%).
Interest Coverage: Insufficient data to determine if KHANDSE's interest payments on its debt are well covered by EBIT.