Keltech Energies Balance Sheet Health
Financial Health criteria checks 6/6
Keltech Energies has a total shareholder equity of ₹995.6M and total debt of ₹240.2M, which brings its debt-to-equity ratio to 24.1%. Its total assets and total liabilities are ₹2.2B and ₹1.2B respectively. Keltech Energies's EBIT is ₹256.0M making its interest coverage ratio 5.7. It has cash and short-term investments of ₹525.1M.
Key information
24.1%
Debt to equity ratio
₹240.23m
Debt
Interest coverage ratio | 5.7x |
Cash | ₹525.14m |
Equity | ₹995.63m |
Total liabilities | ₹1.23b |
Total assets | ₹2.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 506528's short term assets (₹1.4B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: 506528's short term assets (₹1.4B) exceed its long term liabilities (₹133.3M).
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 40.1% to 24.1% over the past 5 years.
Debt Coverage: 506528's debt is well covered by operating cash flow (213.1%).
Interest Coverage: 506528's interest payments on its debt are well covered by EBIT (5.7x coverage).