Kesoram Industries Balance Sheet Health
Financial Health criteria checks 4/6
Kesoram Industries has a total shareholder equity of ₹948.2M and total debt of ₹22.7B, which brings its debt-to-equity ratio to 2391.2%. Its total assets and total liabilities are ₹33.8B and ₹32.8B respectively. Kesoram Industries's EBIT is ₹2.1B making its interest coverage ratio 0.4. It has cash and short-term investments of ₹1.8B.
Key information
2,391.2%
Debt to equity ratio
₹22.67b
Debt
| Interest coverage ratio | 0.4x |
| Cash | ₹1.84b |
| Equity | ₹948.20m |
| Total liabilities | ₹32.81b |
| Total assets | ₹33.76b |
Recent financial health updates
Recent updates
Even With A 49% Surge, Cautious Investors Are Not Rewarding Kesoram Industries Limited's (NSE:KESORAMIND) Performance Completely
Dec 18
Returns At Kesoram Industries (NSE:KESORAMIND) Are On The Way Up
Sep 03Potential Upside For Kesoram Industries Limited (NSE:KESORAMIND) Not Without Risk
Jul 17Kesoram Industries' (NSE:KESORAMIND) Returns On Capital Are Heading Higher
Aug 20Is Kesoram Industries (NSE:KESORAMIND) A Risky Investment?
Jun 17There's Been No Shortage Of Growth Recently For Kesoram Industries' (NSE:KESORAMIND) Returns On Capital
May 13Financial Position Analysis
Short Term Liabilities: KESORAMIND's short term assets (₹11.4B) exceed its short term liabilities (₹10.6B).
Long Term Liabilities: KESORAMIND's short term assets (₹11.4B) do not cover its long term liabilities (₹22.2B).
Debt to Equity History and Analysis
Debt Level: KESORAMIND's net debt to equity ratio (2197.1%) is considered high.
Reducing Debt: KESORAMIND's debt to equity ratio has reduced from 2838.6% to 2391.2% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable KESORAMIND has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: KESORAMIND is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 10.4% per year.