K I C Metaliks Balance Sheet Health
Financial Health criteria checks 5/6
K I C Metaliks has a total shareholder equity of ₹1.8B and total debt of ₹1.3B, which brings its debt-to-equity ratio to 72.1%. Its total assets and total liabilities are ₹4.0B and ₹2.2B respectively. K I C Metaliks's EBIT is ₹300.9M making its interest coverage ratio 3.3. It has cash and short-term investments of ₹11.9M.
Key information
72.1%
Debt to equity ratio
₹1.28b
Debt
Interest coverage ratio | 3.3x |
Cash | ₹11.91m |
Equity | ₹1.78b |
Total liabilities | ₹2.20b |
Total assets | ₹3.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513693's short term assets (₹1.9B) exceed its short term liabilities (₹1.7B).
Long Term Liabilities: 513693's short term assets (₹1.9B) exceed its long term liabilities (₹500.3M).
Debt to Equity History and Analysis
Debt Level: 513693's net debt to equity ratio (71.5%) is considered high.
Reducing Debt: 513693's debt to equity ratio has reduced from 107.5% to 72.1% over the past 5 years.
Debt Coverage: 513693's debt is well covered by operating cash flow (34.5%).
Interest Coverage: 513693's interest payments on its debt are well covered by EBIT (3.3x coverage).