Kachchh Minerals Balance Sheet Health
Financial Health criteria checks 6/6
Kachchh Minerals has a total shareholder equity of ₹19.2M and total debt of ₹2.8M, which brings its debt-to-equity ratio to 14.8%. Its total assets and total liabilities are ₹25.5M and ₹6.3M respectively. Kachchh Minerals's EBIT is ₹5.0M making its interest coverage ratio 12. It has cash and short-term investments of ₹9.1M.
Key information
14.8%
Debt to equity ratio
₹2.84m
Debt
| Interest coverage ratio | 12x |
| Cash | ₹9.11m |
| Equity | ₹19.23m |
| Total liabilities | ₹6.25m |
| Total assets | ₹25.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531778's short term assets (₹18.7M) exceed its short term liabilities (₹4.0M).
Long Term Liabilities: 531778's short term assets (₹18.7M) exceed its long term liabilities (₹2.3M).
Debt to Equity History and Analysis
Debt Level: 531778 has more cash than its total debt.
Reducing Debt: 531778's debt to equity ratio has reduced from 58.9% to 14.8% over the past 5 years.
Debt Coverage: 531778's debt is well covered by operating cash flow (280.4%).
Interest Coverage: 531778's interest payments on its debt are well covered by EBIT (12x coverage).