Kingfa Science & Technology (India) Balance Sheet Health
Financial Health criteria checks 4/6
Kingfa Science & Technology (India) has a total shareholder equity of ₹6.5B and total debt of ₹435.4M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are ₹10.6B and ₹4.1B respectively. Kingfa Science & Technology (India)'s EBIT is ₹1.8B making its interest coverage ratio 48.2. It has cash and short-term investments of ₹227.6M.
Key information
6.7%
Debt to equity ratio
₹435.41m
Debt
| Interest coverage ratio | 48.2x |
| Cash | ₹227.57m |
| Equity | ₹6.53b |
| Total liabilities | ₹4.10b |
| Total assets | ₹10.63b |
Recent financial health updates
We Think Kingfa Science & Technology (India) (NSE:KINGFA) Can Stay On Top Of Its Debt
Jan 01
Does Kingfa Science & Technology (India) (NSE:KINGFA) Have A Healthy Balance Sheet?
Jun 17Does Kingfa Science & Technology (India) (NSE:KINGFA) Have A Healthy Balance Sheet?
Jan 25Is Kingfa Science & Technology (India) (NSE:KINGFA) Using Too Much Debt?
Feb 09These 4 Measures Indicate That Kingfa Science & Technology (India) (NSE:KINGFA) Is Using Debt Extensively
Nov 11Kingfa Science & Technology (India) (NSE:KINGFA) Has A Pretty Healthy Balance Sheet
Jul 01
Recent updates
Market Might Still Lack Some Conviction On Kingfa Science & Technology (India) Limited (NSE:KINGFA) Even After 43% Share Price Boost
Aug 21Investors Still Aren't Entirely Convinced By Kingfa Science & Technology (India) Limited's (NSE:KINGFA) Earnings Despite 36% Price Jump
Jul 04Kingfa Science & Technology (India)'s (NSE:KINGFA) Solid Profits Have Weak Fundamentals
Jun 05Returns on Capital Paint A Bright Future For Kingfa Science & Technology (India) (NSE:KINGFA)
May 01Kingfa Science & Technology (India) Limited's (NSE:KINGFA) Subdued P/E Might Signal An Opportunity
Mar 12Kingfa Science & Technology (India) (NSE:KINGFA) Is Very Good At Capital Allocation
Aug 26If EPS Growth Is Important To You, Kingfa Science & Technology (India) (NSE:KINGFA) Presents An Opportunity
Jul 29Kingfa Science & Technology (India) (NSE:KINGFA) Could Become A Multi-Bagger
May 26Kingfa Science & Technology (India) (NSE:KINGFA) Is Very Good At Capital Allocation
Feb 11We Think Kingfa Science & Technology (India) (NSE:KINGFA) Can Stay On Top Of Its Debt
Jan 01Kingfa Science & Technology (India) (NSE:KINGFA) Might Have The Makings Of A Multi-Bagger
Aug 12Does Kingfa Science & Technology (India) (NSE:KINGFA) Have A Healthy Balance Sheet?
Jun 17Kingfa Science & Technology (India)'s (NSE:KINGFA) Returns On Capital Not Reflecting Well On The Business
May 07Does Kingfa Science & Technology (India) (NSE:KINGFA) Have A Healthy Balance Sheet?
Jan 25We're Watching These Trends At Kingfa Science & Technology (India) (NSE:KINGFA)
Mar 08Is Kingfa Science & Technology (India) (NSE:KINGFA) Using Too Much Debt?
Feb 09Kingfa Science & Technology (India) Limited's (NSE:KINGFA) Stock Is Going Strong: Have Financials A Role To Play?
Jan 13Kingfa Science & Technology (India)'s (NSE:KINGFA) Stock Price Has Reduced 30% In The Past Three Years
Dec 23Our Take On The Returns On Capital At Kingfa Science & Technology (India) (NSE:KINGFA)
Dec 02These 4 Measures Indicate That Kingfa Science & Technology (India) (NSE:KINGFA) Is Using Debt Extensively
Nov 11Is Kingfa Science & Technology (India) Limited's (NSE:KINGFA) Recent Stock Performance Influenced By Its Fundamentals In Any Way?
Oct 13If You Had Bought Kingfa Science & Technology (India)'s (NSE:KINGFA) Shares Three Years Ago You Would Be Down 34%
Sep 17We're Watching These Trends At Kingfa Science & Technology (India) (NSE:KINGFA)
Aug 27Earnings Tell The Story For Kingfa Science & Technology (India) Limited (NSE:KINGFA)
Aug 06Kingfa Science & Technology (India) Limited (NSE:KINGFA) Not Flying Under The Radar
Jul 22Kingfa Science & Technology (India) (NSE:KINGFA) Has A Pretty Healthy Balance Sheet
Jul 01Financial Position Analysis
Short Term Liabilities: KINGFA's short term assets (₹7.9B) exceed its short term liabilities (₹4.1B).
Long Term Liabilities: KINGFA's short term assets (₹7.9B) exceed its long term liabilities (₹40.3M).
Debt to Equity History and Analysis
Debt Level: KINGFA's net debt to equity ratio (3.2%) is considered satisfactory.
Reducing Debt: KINGFA's debt to equity ratio has increased from 5% to 6.7% over the past 5 years.
Debt Coverage: KINGFA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: KINGFA's interest payments on its debt are well covered by EBIT (48.2x coverage).