S H Kelkar Balance Sheet Health
Financial Health criteria checks 4/6
S H Kelkar has a total shareholder equity of ₹11.8B and total debt of ₹6.6B, which brings its debt-to-equity ratio to 55.7%. Its total assets and total liabilities are ₹23.7B and ₹11.9B respectively. S H Kelkar's EBIT is ₹2.0B making its interest coverage ratio 6.7. It has cash and short-term investments of ₹1.6B.
Key information
55.7%
Debt to equity ratio
₹6.57b
Debt
Interest coverage ratio | 6.7x |
Cash | ₹1.58b |
Equity | ₹11.79b |
Total liabilities | ₹11.90b |
Total assets | ₹23.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539450's short term assets (₹13.7B) exceed its short term liabilities (₹8.9B).
Long Term Liabilities: 539450's short term assets (₹13.7B) exceed its long term liabilities (₹3.0B).
Debt to Equity History and Analysis
Debt Level: 539450's net debt to equity ratio (42.3%) is considered high.
Reducing Debt: 539450's debt to equity ratio has increased from 31.6% to 55.7% over the past 5 years.
Debt Coverage: 539450's debt is well covered by operating cash flow (27.8%).
Interest Coverage: 539450's interest payments on its debt are well covered by EBIT (6.7x coverage).