Kanpur Plastipack Balance Sheet Health
Financial Health criteria checks 2/6
Kanpur Plastipack has a total shareholder equity of ₹1.8B and total debt of ₹2.2B, which brings its debt-to-equity ratio to 122.7%. Its total assets and total liabilities are ₹4.8B and ₹3.0B respectively. Kanpur Plastipack's EBIT is ₹76.8M making its interest coverage ratio 0.8. It has cash and short-term investments of ₹52.9M.
Key information
122.7%
Debt to equity ratio
₹2.25b
Debt
Interest coverage ratio | 0.8x |
Cash | ₹52.91m |
Equity | ₹1.83b |
Total liabilities | ₹3.00b |
Total assets | ₹4.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507779's short term assets (₹1.9B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: 507779's short term assets (₹1.9B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: 507779's net debt to equity ratio (119.8%) is considered high.
Reducing Debt: 507779's debt to equity ratio has increased from 106.8% to 122.7% over the past 5 years.
Debt Coverage: 507779's debt is not well covered by operating cash flow (19.8%).
Interest Coverage: 507779's interest payments on its debt are not well covered by EBIT (0.8x coverage).