Krishanveer Forge Balance Sheet Health
Financial Health criteria checks 6/6
Krishanveer Forge has a total shareholder equity of ₹366.9M and total debt of ₹-1.6M, which brings its debt-to-equity ratio to -0.4%. Its total assets and total liabilities are ₹479.1M and ₹112.1M respectively. Krishanveer Forge's EBIT is ₹61.4M making its interest coverage ratio 17.2. It has cash and short-term investments of ₹11.7M.
Key information
-0.4%
Debt to equity ratio
-₹1.64m
Debt
| Interest coverage ratio | 17.2x |
| Cash | ₹11.71m |
| Equity | ₹366.94m |
| Total liabilities | ₹112.12m |
| Total assets | ₹479.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513369's short term assets (₹310.9M) exceed its short term liabilities (₹90.8M).
Long Term Liabilities: 513369's short term assets (₹310.9M) exceed its long term liabilities (₹21.3M).
Debt to Equity History and Analysis
Debt Level: 513369 is debt free.
Reducing Debt: 513369 has no debt compared to 5 years ago when its debt to equity ratio was 20.9%.
Debt Coverage: 513369 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 513369 has no debt, therefore coverage of interest payments is not a concern.