Kothari Fermentation and Biochem Balance Sheet Health
Financial Health criteria checks 1/6
Kothari Fermentation and Biochem has a total shareholder equity of ₹552.4M and total debt of ₹431.9M, which brings its debt-to-equity ratio to 78.2%. Its total assets and total liabilities are ₹1.3B and ₹736.9M respectively. Kothari Fermentation and Biochem's EBIT is ₹52.4M making its interest coverage ratio 1.5. It has cash and short-term investments of ₹4.3M.
Key information
78.2%
Debt to equity ratio
₹431.89m
Debt
| Interest coverage ratio | 1.5x |
| Cash | ₹4.34m |
| Equity | ₹552.41m |
| Total liabilities | ₹736.88m |
| Total assets | ₹1.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507474's short term assets (₹357.3M) do not cover its short term liabilities (₹371.1M).
Long Term Liabilities: 507474's short term assets (₹357.3M) do not cover its long term liabilities (₹365.8M).
Debt to Equity History and Analysis
Debt Level: 507474's net debt to equity ratio (77.4%) is considered high.
Reducing Debt: 507474's debt to equity ratio has increased from 45.4% to 78.2% over the past 5 years.
Debt Coverage: 507474's debt is well covered by operating cash flow (35.8%).
Interest Coverage: 507474's interest payments on its debt are not well covered by EBIT (1.5x coverage).