Kirloskar Industries Balance Sheet Health
Financial Health criteria checks 5/6
Kirloskar Industries has a total shareholder equity of ₹59.9B and total debt of ₹12.2B, which brings its debt-to-equity ratio to 20.4%. Its total assets and total liabilities are ₹89.4B and ₹29.5B respectively. Kirloskar Industries's EBIT is ₹7.5B making its interest coverage ratio 6.9. It has cash and short-term investments of ₹2.7B.
Key information
20.4%
Debt to equity ratio
₹12.20b
Debt
Interest coverage ratio | 6.9x |
Cash | ₹2.71b |
Equity | ₹59.93b |
Total liabilities | ₹29.51b |
Total assets | ₹89.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500243's short term assets (₹23.9B) exceed its short term liabilities (₹9.7B).
Long Term Liabilities: 500243's short term assets (₹23.9B) exceed its long term liabilities (₹19.8B).
Debt to Equity History and Analysis
Debt Level: 500243's net debt to equity ratio (15.8%) is considered satisfactory.
Reducing Debt: 500243's debt to equity ratio has increased from 6.4% to 20.4% over the past 5 years.
Debt Coverage: 500243's debt is well covered by operating cash flow (44.3%).
Interest Coverage: 500243's interest payments on its debt are well covered by EBIT (6.9x coverage).