Krsnaa Diagnostics Balance Sheet Health
Financial Health criteria checks 6/6
Krsnaa Diagnostics has a total shareholder equity of ₹8.1B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are ₹11.7B and ₹3.6B respectively. Krsnaa Diagnostics's EBIT is ₹865.0M making its interest coverage ratio 5.2. It has cash and short-term investments of ₹535.5M.
Key information
13.2%
Debt to equity ratio
₹1.07b
Debt
| Interest coverage ratio | 5.2x |
| Cash | ₹535.45m |
| Equity | ₹8.10b |
| Total liabilities | ₹3.62b |
| Total assets | ₹11.72b |
Recent financial health updates
Recent updates
Is Krsnaa Diagnostics (NSE:KRSNAA) A Risky Investment?
Mar 14
Krsnaa 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 (₹2.8B).
Long Term Liabilities: KRSNAA's short term assets (₹4.2B) exceed its long term liabilities (₹806.5M).
Debt to Equity History and Analysis
Debt Level: KRSNAA's net debt to equity ratio (6.6%) 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 (22.8%).
Interest Coverage: KRSNAA's interest payments on its debt are well covered by EBIT (5.2x coverage).