Keerthi Industries Balance Sheet Health
Financial Health criteria checks 2/6
Keerthi Industries has a total shareholder equity of ₹693.5M and total debt of ₹630.1M, which brings its debt-to-equity ratio to 90.9%. Its total assets and total liabilities are ₹1.8B and ₹1.1B respectively.
Key information
90.9%
Debt to equity ratio
₹630.08m
Debt
Interest coverage ratio | n/a |
Cash | ₹67.62m |
Equity | ₹693.54m |
Total liabilities | ₹1.13b |
Total assets | ₹1.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 518011's short term assets (₹516.0M) do not cover its short term liabilities (₹597.5M).
Long Term Liabilities: 518011's short term assets (₹516.0M) do not cover its long term liabilities (₹536.4M).
Debt to Equity History and Analysis
Debt Level: 518011's net debt to equity ratio (81.1%) is considered high.
Reducing Debt: 518011's debt to equity ratio has reduced from 95.3% to 90.9% over the past 5 years.
Debt Coverage: 518011's debt is well covered by operating cash flow (30.4%).
Interest Coverage: Insufficient data to determine if 518011's interest payments on its debt are well covered by EBIT.