Kotyark Industries Balance Sheet Health
Financial Health criteria checks 4/6
Kotyark Industries has a total shareholder equity of ₹1.4B and total debt of ₹680.9M, which brings its debt-to-equity ratio to 47.2%. Its total assets and total liabilities are ₹2.2B and ₹775.8M respectively. Kotyark Industries's EBIT is ₹362.3M making its interest coverage ratio 5.5. It has cash and short-term investments of ₹50.5M.
Key information
47.2%
Debt to equity ratio
₹680.90m
Debt
| Interest coverage ratio | 5.5x |
| Cash | ₹50.46m |
| Equity | ₹1.44b |
| Total liabilities | ₹775.79m |
| Total assets | ₹2.22b |
Recent financial health updates
Recent updates
Kotyark Industries' (NSE:KOTYARK) Earnings Might Be Weaker Than You Think
May 25
Shareholders Should Be Pleased With Kotyark Industries Limited's (NSE:KOTYARK) Price
May 22Here's Why Kotyark Industries (NSE:KOTYARK) Can Manage Its Debt Responsibly
Feb 15Is Now The Time To Put Kotyark Industries (NSE:KOTYARK) On Your Watchlist?
Jan 10With EPS Growth And More, Kotyark Industries (NSE:KOTYARK) Makes An Interesting Case
Feb 28The Price Is Right For Kotyark Industries Limited (NSE:KOTYARK)
Jul 20Kotyark Industries (NSE:KOTYARK) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
May 19Financial Position Analysis
Short Term Liabilities: KOTYARK's short term assets (₹1.4B) exceed its short term liabilities (₹460.2M).
Long Term Liabilities: KOTYARK's short term assets (₹1.4B) exceed its long term liabilities (₹315.6M).
Debt to Equity History and Analysis
Debt Level: KOTYARK's net debt to equity ratio (43.7%) is considered high.
Reducing Debt: KOTYARK's debt to equity ratio has reduced from 168.3% to 47.2% over the past 5 years.
Debt Coverage: KOTYARK's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: KOTYARK's interest payments on its debt are well covered by EBIT (5.5x coverage).