Krsnaa Diagnostics Balance Sheet Health
Financial Health criteria checks 6/6
Krsnaa Diagnostics has a total shareholder equity of ₹8.4B and total debt of ₹1.7B, which brings its debt-to-equity ratio to 20.1%. Its total assets and total liabilities are ₹12.9B and ₹4.5B respectively. Krsnaa Diagnostics's EBIT is ₹900.9M making its interest coverage ratio 22.5. It has cash and short-term investments of ₹626.2M.
Key information
20.1%
Debt to equity ratio
₹1.69b
Debt
| Interest coverage ratio | 22.5x |
| Cash | ₹626.23m |
| Equity | ₹8.41b |
| Total liabilities | ₹4.54b |
| Total assets | ₹12.95b |
Recent financial health updates
Recent updates
Krsnaa Diagnostics' (NSE:KRSNAA) Dividend Is Being Reduced To ₹2.50
Sep 06
Krsnaa Diagnostics (NSE:KRSNAA) Has Announced That Its Dividend Will Be Reduced To ₹2.50
Aug 23Krsnaa Diagnostics Limited (NSE:KRSNAA) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Aug 10Krsnaa Diagnostics' (NSE:KRSNAA) Dividend Is Being Reduced To ₹2.50
Aug 09Krsnaa Diagnostics Limited's (NSE:KRSNAA) 28% Jump Shows Its Popularity With Investors
Jul 05Here's What To Make Of Krsnaa Diagnostics' (NSE:KRSNAA) Decelerating Rates Of Return
Jun 16We Think That There Are More Issues For Krsnaa Diagnostics (NSE:KRSNAA) Than Just Sluggish Earnings
May 26Is Krsnaa Diagnostics (NSE:KRSNAA) A Risky Investment?
Mar 14Krsnaa Diagnostics Limited Just Missed Earnings - But Analysts Have Updated Their Models
Feb 16Krsnaa Diagnostics (NSE:KRSNAA) Will Pay A Larger Dividend Than Last Year At ₹2.75
Aug 31Krsnaa Diagnostics (NSE:KRSNAA) Will Pay A Larger Dividend Than Last Year At ₹2.75
Aug 17Returns On Capital Are Showing Encouraging Signs At Krsnaa Diagnostics (NSE:KRSNAA)
Jun 03Revenue Miss: Krsnaa Diagnostics Limited Fell 6.4% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models
Feb 17Take Care Before Diving Into The Deep End On Krsnaa Diagnostics Limited (NSE:KRSNAA)
Feb 16Krsnaa Diagnostics' (NSE:KRSNAA) Anemic Earnings Might Be Worse Than You Think
Nov 17Financial Position Analysis
Short Term Liabilities: KRSNAA's short term assets (₹4.2B) exceed its short term liabilities (₹3.8B).
Long Term Liabilities: KRSNAA's short term assets (₹4.2B) exceed its long term liabilities (₹726.5M).
Debt to Equity History and Analysis
Debt Level: KRSNAA's net debt to equity ratio (12.6%) is considered satisfactory.
Reducing Debt: KRSNAA had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: KRSNAA's debt is well covered by operating cash flow (26%).
Interest Coverage: KRSNAA's interest payments on its debt are well covered by EBIT (22.5x coverage).