K.M. Sugar Mills Balance Sheet Health
Financial Health criteria checks 5/6
K.M. Sugar Mills has a total shareholder equity of ₹2.9B and total debt of ₹1.3B, which brings its debt-to-equity ratio to 42.7%. Its total assets and total liabilities are ₹4.6B and ₹1.6B respectively. K.M. Sugar Mills's EBIT is ₹331.2M making its interest coverage ratio 3.4. It has cash and short-term investments of ₹111.9M.
Key information
42.7%
Debt to equity ratio
₹1.25b
Debt
Interest coverage ratio | 3.4x |
Cash | ₹111.90m |
Equity | ₹2.93b |
Total liabilities | ₹1.64b |
Total assets | ₹4.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532673's short term assets (₹1.3B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: 532673's short term assets (₹1.3B) exceed its long term liabilities (₹505.5M).
Debt to Equity History and Analysis
Debt Level: 532673's net debt to equity ratio (38.9%) is considered satisfactory.
Reducing Debt: 532673's debt to equity ratio has increased from 7% to 42.7% over the past 5 years.
Debt Coverage: 532673's debt is well covered by operating cash flow (138.4%).
Interest Coverage: 532673's interest payments on its debt are well covered by EBIT (3.4x coverage).