Kanco Tea & Industries Balance Sheet Health
Financial Health criteria checks 4/6
Kanco Tea & Industries has a total shareholder equity of ₹798.2M and total debt of ₹355.6M, which brings its debt-to-equity ratio to 44.6%. Its total assets and total liabilities are ₹1.4B and ₹573.7M respectively.
Key information
44.6%
Debt to equity ratio
₹355.60m
Debt
Interest coverage ratio | n/a |
Cash | ₹52.30m |
Equity | ₹798.20m |
Total liabilities | ₹573.70m |
Total assets | ₹1.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541005's short term assets (₹500.6M) exceed its short term liabilities (₹478.7M).
Long Term Liabilities: 541005's short term assets (₹500.6M) exceed its long term liabilities (₹95.0M).
Debt to Equity History and Analysis
Debt Level: 541005's net debt to equity ratio (38%) is considered satisfactory.
Reducing Debt: 541005's debt to equity ratio has reduced from 73.8% to 44.6% over the past 5 years.
Debt Coverage: 541005's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 541005's interest payments on its debt are well covered by EBIT.