Kirloskar Ferrous Industries Balance Sheet Health
Financial Health criteria checks 5/6
Kirloskar Ferrous Industries has a total shareholder equity of ₹31.5B and total debt of ₹12.3B, which brings its debt-to-equity ratio to 38.9%. Its total assets and total liabilities are ₹58.1B and ₹26.5B respectively. Kirloskar Ferrous Industries's EBIT is ₹7.2B making its interest coverage ratio 7.1. It has cash and short-term investments of ₹1.5B.
Key information
38.9%
Debt to equity ratio
₹12.27b
Debt
Interest coverage ratio | 7.1x |
Cash | ₹1.50b |
Equity | ₹31.55b |
Total liabilities | ₹26.55b |
Total assets | ₹58.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500245's short term assets (₹22.6B) exceed its short term liabilities (₹18.9B).
Long Term Liabilities: 500245's short term assets (₹22.6B) exceed its long term liabilities (₹7.6B).
Debt to Equity History and Analysis
Debt Level: 500245's net debt to equity ratio (34.1%) is considered satisfactory.
Reducing Debt: 500245's debt to equity ratio has increased from 17.9% to 38.9% over the past 5 years.
Debt Coverage: 500245's debt is well covered by operating cash flow (47.4%).
Interest Coverage: 500245's interest payments on its debt are well covered by EBIT (7.1x coverage).