Kabsons Industries Balance Sheet Health
Financial Health criteria checks 5/6
Kabsons Industries has a total shareholder equity of ₹107.2M and total debt of ₹8.8M, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are ₹163.7M and ₹56.5M respectively. Kabsons Industries's EBIT is ₹9.7M making its interest coverage ratio -13.8. It has cash and short-term investments of ₹15.7M.
Key information
8.2%
Debt to equity ratio
₹8.79m
Debt
Interest coverage ratio | -13.8x |
Cash | ₹15.66m |
Equity | ₹107.18m |
Total liabilities | ₹56.47m |
Total assets | ₹163.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524675's short term assets (₹52.7M) exceed its short term liabilities (₹46.2M).
Long Term Liabilities: 524675's short term assets (₹52.7M) exceed its long term liabilities (₹10.3M).
Debt to Equity History and Analysis
Debt Level: 524675 has more cash than its total debt.
Reducing Debt: 524675's debt to equity ratio has increased from 0% to 8.2% over the past 5 years.
Debt Coverage: 524675's debt is well covered by operating cash flow (213.1%).
Interest Coverage: 524675 earns more interest than it pays, so coverage of interest payments is not a concern.