Kingfa Science & Technology (India) Balance Sheet Health
Financial Health criteria checks 6/6
Kingfa Science & Technology (India) has a total shareholder equity of ₹5.3B and total debt of ₹285.9M, which brings its debt-to-equity ratio to 5.4%. Its total assets and total liabilities are ₹9.3B and ₹4.0B respectively. Kingfa Science & Technology (India)'s EBIT is ₹2.0B making its interest coverage ratio 59.5. It has cash and short-term investments of ₹423.5M.
Key information
5.4%
Debt to equity ratio
₹285.87m
Debt
Interest coverage ratio | 59.5x |
Cash | ₹423.52m |
Equity | ₹5.31b |
Total liabilities | ₹4.01b |
Total assets | ₹9.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524019's short term assets (₹6.6B) exceed its short term liabilities (₹4.0B).
Long Term Liabilities: 524019's short term assets (₹6.6B) exceed its long term liabilities (₹60.9M).
Debt to Equity History and Analysis
Debt Level: 524019 has more cash than its total debt.
Reducing Debt: 524019's debt to equity ratio has reduced from 5.8% to 5.4% over the past 5 years.
Debt Coverage: 524019's debt is well covered by operating cash flow (204.9%).
Interest Coverage: 524019's interest payments on its debt are well covered by EBIT (59.5x coverage).