Kahan Packaging Balance Sheet Health
Financial Health criteria checks 3/6
Kahan Packaging has a total shareholder equity of ₹87.3M and total debt of ₹63.5M, which brings its debt-to-equity ratio to 72.7%. Its total assets and total liabilities are ₹196.6M and ₹109.3M respectively. Kahan Packaging's EBIT is ₹19.9M making its interest coverage ratio 3.1. It has cash and short-term investments of ₹3.5M.
Key information
72.7%
Debt to equity ratio
₹63.49m
Debt
Interest coverage ratio | 3.1x |
Cash | ₹3.46m |
Equity | ₹87.35m |
Total liabilities | ₹109.25m |
Total assets | ₹196.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543979's short term assets (₹127.5M) exceed its short term liabilities (₹67.9M).
Long Term Liabilities: 543979's short term assets (₹127.5M) exceed its long term liabilities (₹41.4M).
Debt to Equity History and Analysis
Debt Level: 543979's net debt to equity ratio (68.7%) is considered high.
Reducing Debt: Insufficient data to determine if 543979's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543979's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543979's interest payments on its debt are well covered by EBIT (3.1x coverage).