Khandelwal Extractions Balance Sheet Health
Financial Health criteria checks 6/6
Khandelwal Extractions has a total shareholder equity of ₹28.6M and total debt of ₹1.2M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are ₹35.2M and ₹6.6M respectively. Khandelwal Extractions's EBIT is ₹3.1M making its interest coverage ratio -1.6. It has cash and short-term investments of ₹18.2M.
Key information
4.2%
Debt to equity ratio
₹1.21m
Debt
| Interest coverage ratio | -1.6x |
| Cash | ₹18.17m |
| Equity | ₹28.59m |
| Total liabilities | ₹6.65m |
| Total assets | ₹35.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 519064's short term assets (₹27.7M) exceed its short term liabilities (₹6.6M).
Long Term Liabilities: 519064 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 519064 has more cash than its total debt.
Reducing Debt: 519064's debt to equity ratio has reduced from 56.4% to 4.2% over the past 5 years.
Debt Coverage: 519064's debt is well covered by operating cash flow (34.8%).
Interest Coverage: 519064 earns more interest than it pays, so coverage of interest payments is not a concern.