Keerthi Industries Balance Sheet Health
Financial Health criteria checks 0/6
Keerthi Industries has a total shareholder equity of ₹536.1M and total debt of ₹593.0M, which brings its debt-to-equity ratio to 110.6%. Its total assets and total liabilities are ₹1.7B and ₹1.2B respectively.
Key information
110.6%
Debt to equity ratio
₹593.04m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹46.39m |
| Equity | ₹536.07m |
| Total liabilities | ₹1.19b |
| Total assets | ₹1.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 518011's short term assets (₹382.3M) do not cover its short term liabilities (₹742.4M).
Long Term Liabilities: 518011's short term assets (₹382.3M) do not cover its long term liabilities (₹448.6M).
Debt to Equity History and Analysis
Debt Level: 518011's net debt to equity ratio (102%) is considered high.
Reducing Debt: 518011's debt to equity ratio has increased from 102.1% to 110.6% over the past 5 years.
Debt Coverage: 518011's debt is not well covered by operating cash flow (18.6%).
Interest Coverage: Insufficient data to determine if 518011's interest payments on its debt are well covered by EBIT.