Kirloskar Ferrous Industries Balance Sheet Health
Financial Health criteria checks 5/6
Kirloskar Ferrous Industries has a total shareholder equity of ₹33.4B and total debt of ₹13.4B, which brings its debt-to-equity ratio to 40.2%. Its total assets and total liabilities are ₹64.9B and ₹31.5B respectively. Kirloskar Ferrous Industries's EBIT is ₹5.2B making its interest coverage ratio 4.2. It has cash and short-term investments of ₹823.5M.
Key information
40.2%
Debt to equity ratio
₹13.41b
Debt
| Interest coverage ratio | 4.2x |
| Cash | ₹823.50m |
| Equity | ₹33.37b |
| Total liabilities | ₹31.55b |
| Total assets | ₹64.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500245's short term assets (₹26.0B) exceed its short term liabilities (₹24.8B).
Long Term Liabilities: 500245's short term assets (₹26.0B) exceed its long term liabilities (₹6.8B).
Debt to Equity History and Analysis
Debt Level: 500245's net debt to equity ratio (37.7%) is considered satisfactory.
Reducing Debt: 500245's debt to equity ratio has increased from 31.3% to 40.2% over the past 5 years.
Debt Coverage: 500245's debt is well covered by operating cash flow (44.4%).
Interest Coverage: 500245's interest payments on its debt are well covered by EBIT (4.2x coverage).