Khandelwal Extractions Balance Sheet Health
Financial Health criteria checks 4/6
Khandelwal Extractions has a total shareholder equity of ₹24.8M and total debt of ₹9.1M, which brings its debt-to-equity ratio to 36.5%. Its total assets and total liabilities are ₹41.4M and ₹16.5M respectively. Khandelwal Extractions's EBIT is ₹3.0M making its interest coverage ratio -2.1. It has cash and short-term investments of ₹22.1M.
Key information
36.5%
Debt to equity ratio
₹9.07m
Debt
Interest coverage ratio | -2.1x |
Cash | ₹22.08m |
Equity | ₹24.85m |
Total liabilities | ₹16.50m |
Total assets | ₹41.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 519064's short term assets (₹32.2M) exceed its short term liabilities (₹16.5M).
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 increased from 4.3% to 36.5% over the past 5 years.
Debt Coverage: 519064's debt is not well covered by operating cash flow (9.1%).
Interest Coverage: 519064 earns more interest than it pays, so coverage of interest payments is not a concern.