Kalyani Steels Balance Sheet Health
Financial Health criteria checks 5/6
Kalyani Steels has a total shareholder equity of ₹17.6B and total debt of ₹5.6B, which brings its debt-to-equity ratio to 31.9%. Its total assets and total liabilities are ₹27.4B and ₹9.9B respectively. Kalyani Steels's EBIT is ₹3.0B making its interest coverage ratio -11.4. It has cash and short-term investments of ₹6.6B.
Key information
31.9%
Debt to equity ratio
₹5.60b
Debt
| Interest coverage ratio | -11.4x |
| Cash | ₹6.64b |
| Equity | ₹17.55b |
| Total liabilities | ₹9.86b |
| Total assets | ₹27.41b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500235's short term assets (₹15.1B) exceed its short term liabilities (₹9.1B).
Long Term Liabilities: 500235's short term assets (₹15.1B) exceed its long term liabilities (₹725.1M).
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 0.8% to 31.9% over the past 5 years.
Debt Coverage: 500235's debt is well covered by operating cash flow (55.8%).
Interest Coverage: 500235 earns more interest than it pays, so coverage of interest payments is not a concern.