Kanpur Plastipack Balance Sheet Health
Financial Health criteria checks 2/6
Kanpur Plastipack has a total shareholder equity of ₹1.8B and total debt of ₹2.2B, which brings its debt-to-equity ratio to 124.5%. Its total assets and total liabilities are ₹4.8B and ₹3.0B respectively. Kanpur Plastipack's EBIT is ₹21.9M making its interest coverage ratio 0.1. It has cash and short-term investments of ₹35.0M.
Key information
124.5%
Debt to equity ratio
₹2.24b
Debt
Interest coverage ratio | 0.1x |
Cash | ₹35.05m |
Equity | ₹1.80b |
Total liabilities | ₹2.96b |
Total assets | ₹4.76b |
Recent financial health updates
No updates
Recent updates
It's Unlikely That Kanpur Plastipack Limited's (NSE:KANPRPLA) CEO Will See A Huge Pay Rise This Year
Sep 14Kanpur Plastipack (NSE:KANPRPLA) Will Want To Turn Around Its Return Trends
Jul 30There's No Escaping Kanpur Plastipack Limited's (NSE:KANPRPLA) Muted Revenues
Mar 13Be Wary Of Kanpur Plastipack (NSE:KANPRPLA) And Its Returns On Capital
Jan 26Kanpur Plastipack (NSE:KANPRPLA) Is Paying Out A Larger Dividend Than Last Year
Aug 12Kanpur Plastipack's (NSE:KANPRPLA) Solid Profits Have Weak Fundamentals
May 31Is Kanpur Plastipack Limited (NSE:KANPRPLA) A Smart Pick For Income Investors?
Apr 08Kanpur Plastipack Limited's (NSE:KANPRPLA) Price Is Right But Growth Is Lacking After Shares Rocket 37%
Mar 04Do Its Financials Have Any Role To Play In Driving Kanpur Plastipack Limited's (NSE:KANPRPLA) Stock Up Recently?
Feb 20A Look At The Intrinsic Value Of Kanpur Plastipack Limited (NSE:KANPRPLA)
Jan 25Should You Buy Kanpur Plastipack Limited (NSE:KANPRPLA) For Its Dividend?
Jan 04Financial Position Analysis
Short Term Liabilities: KANPRPLA's short term assets (₹1.9B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: KANPRPLA's short term assets (₹1.9B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: KANPRPLA's net debt to equity ratio (122.6%) is considered high.
Reducing Debt: KANPRPLA's debt to equity ratio has increased from 95.5% to 124.5% over the past 5 years.
Debt Coverage: KANPRPLA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: KANPRPLA's interest payments on its debt are not well covered by EBIT (0.1x coverage).