Kanco Tea & Industries Balance Sheet Health
Financial Health criteria checks 2/6
Kanco Tea & Industries has a total shareholder equity of ₹741.0M and total debt of ₹420.7M, which brings its debt-to-equity ratio to 56.8%. Its total assets and total liabilities are ₹1.3B and ₹589.1M respectively.
Key information
56.8%
Debt to equity ratio
₹420.70m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹3.80m |
| Equity | ₹741.00m |
| Total liabilities | ₹589.10m |
| Total assets | ₹1.33b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541005's short term assets (₹350.3M) do not cover its short term liabilities (₹511.2M).
Long Term Liabilities: 541005's short term assets (₹350.3M) exceed its long term liabilities (₹77.9M).
Debt to Equity History and Analysis
Debt Level: 541005's net debt to equity ratio (56.3%) is considered high.
Reducing Debt: 541005's debt to equity ratio has reduced from 59.3% to 56.8% 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.