Kothari Fermentation and Biochem Balance Sheet Health
Financial Health criteria checks 1/6
Kothari Fermentation and Biochem has a total shareholder equity of ₹547.3M and total debt of ₹517.6M, which brings its debt-to-equity ratio to 94.6%. Its total assets and total liabilities are ₹1.3B and ₹777.9M respectively. Kothari Fermentation and Biochem's EBIT is ₹14.9M making its interest coverage ratio 0.5. It has cash and short-term investments of ₹6.9M.
Key information
94.6%
Debt to equity ratio
₹517.59m
Debt
Interest coverage ratio | 0.5x |
Cash | ₹6.93m |
Equity | ₹547.28m |
Total liabilities | ₹777.87m |
Total assets | ₹1.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507474's short term assets (₹362.1M) exceed its short term liabilities (₹349.0M).
Long Term Liabilities: 507474's short term assets (₹362.1M) do not cover its long term liabilities (₹428.9M).
Debt to Equity History and Analysis
Debt Level: 507474's net debt to equity ratio (93.3%) is considered high.
Reducing Debt: 507474's debt to equity ratio has increased from 46.9% to 94.6% over the past 5 years.
Debt Coverage: 507474's debt is not well covered by operating cash flow (5.8%).
Interest Coverage: 507474's interest payments on its debt are not well covered by EBIT (0.5x coverage).