Kalyani Steels Balance Sheet Health
Financial Health criteria checks 5/6
Kalyani Steels has a total shareholder equity of ₹15.7B and total debt of ₹2.6B, which brings its debt-to-equity ratio to 16.6%. Its total assets and total liabilities are ₹21.8B and ₹6.1B respectively. Kalyani Steels's EBIT is ₹3.2B making its interest coverage ratio -12.1. It has cash and short-term investments of ₹5.9B.
Key information
16.6%
Debt to equity ratio
₹2.60b
Debt
Interest coverage ratio | -12.1x |
Cash | ₹5.91b |
Equity | ₹15.65b |
Total liabilities | ₹6.11b |
Total assets | ₹21.76b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500235's short term assets (₹13.6B) exceed its short term liabilities (₹4.6B).
Long Term Liabilities: 500235's short term assets (₹13.6B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: 500235 has more cash than its total debt.
Reducing Debt: 500235's debt to equity ratio has increased from 7.3% to 16.6% over the past 5 years.
Debt Coverage: 500235's debt is well covered by operating cash flow (99.8%).
Interest Coverage: 500235 earns more interest than it pays, so coverage of interest payments is not a concern.