Keltech Energies Balance Sheet Health
Financial Health criteria checks 6/6
Keltech Energies has a total shareholder equity of ₹1.1B and total debt of ₹308.9M, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are ₹2.4B and ₹1.3B respectively. Keltech Energies's EBIT is ₹275.5M making its interest coverage ratio 15. It has cash and short-term investments of ₹578.1M.
Key information
27.7%
Debt to equity ratio
₹308.90m
Debt
| Interest coverage ratio | 15x |
| Cash | ₹578.07m |
| Equity | ₹1.12b |
| Total liabilities | ₹1.33b |
| Total assets | ₹2.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 506528's short term assets (₹1.7B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: 506528's short term assets (₹1.7B) exceed its long term liabilities (₹127.9M).
Debt to Equity History and Analysis
Debt Level: 506528 has more cash than its total debt.
Reducing Debt: 506528's debt to equity ratio has reduced from 32.1% to 27.7% over the past 5 years.
Debt Coverage: 506528's debt is well covered by operating cash flow (73.8%).
Interest Coverage: 506528's interest payments on its debt are well covered by EBIT (15x coverage).