Kirloskar Industries Balance Sheet Health
Financial Health criteria checks 4/6
Kirloskar Industries has a total shareholder equity of ₹67.4B and total debt of ₹12.2B, which brings its debt-to-equity ratio to 18.1%. Its total assets and total liabilities are ₹97.6B and ₹30.3B respectively. Kirloskar Industries's EBIT is ₹7.4B making its interest coverage ratio 6.1. It has cash and short-term investments of ₹1.1B.
Key information
18.1%
Debt to equity ratio
₹12.18b
Debt
| Interest coverage ratio | 6.1x |
| Cash | ₹1.15b |
| Equity | ₹67.38b |
| Total liabilities | ₹30.25b |
| Total assets | ₹97.64b |
Recent financial health updates
Does Kirloskar Industries (NSE:KIRLOSIND) Have A Healthy Balance Sheet?
Sep 14
Does Kirloskar Industries (NSE:KIRLOSIND) Have A Healthy Balance Sheet?
Dec 30
Recent updates
Kirloskar Industries (NSE:KIRLOSIND) Is Increasing Its Dividend To ₹11.00
Aug 04Kirloskar Industries' (NSE:KIRLOSIND) Upcoming Dividend Will Be Larger Than Last Year's
Jul 21Kirloskar Industries' (NSE:KIRLOSIND) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 07Should You Be Adding Kirloskar Industries (NSE:KIRLOSIND) To Your Watchlist Today?
May 12Here's Why I Think Kirloskar Industries (NSE:KIRLOSIND) Is An Interesting Stock
Jan 14Does Kirloskar Industries (NSE:KIRLOSIND) Have A Healthy Balance Sheet?
Sep 14Kirloskar Industries (NSE:KIRLOSIND) Shareholders Will Want The ROCE Trajectory To Continue
May 27Here's Why I Think Kirloskar Industries (NSE:KIRLOSIND) Might Deserve Your Attention Today
May 09Is Kirloskar Industries Limited's (NSE:KIRLOSIND) Shareholder Ownership Skewed Towards Insiders?
Jan 17Does Kirloskar Industries (NSE:KIRLOSIND) Have A Healthy Balance Sheet?
Dec 30With EPS Growth And More, Kirloskar Industries (NSE:KIRLOSIND) Is Interesting
Nov 24Has Kirloskar Industries (NSE:KIRLOSIND) Got What It Takes To Become A Multi-Bagger?
Nov 03How Does Kirloskar Industries Limited (NSE:KIRLOSIND) Fare As A Dividend Stock?
Sep 27Kirloskar Industries' (NSE:KIRLOSIND) Stock Price Has Reduced57% In The Past Three Years
Aug 31Financial Position Analysis
Short Term Liabilities: KIRLOSIND's short term assets (₹20.8B) exceed its short term liabilities (₹9.3B).
Long Term Liabilities: KIRLOSIND's short term assets (₹20.8B) do not cover its long term liabilities (₹21.0B).
Debt to Equity History and Analysis
Debt Level: KIRLOSIND's net debt to equity ratio (16.4%) is considered satisfactory.
Reducing Debt: KIRLOSIND's debt to equity ratio has increased from 7.5% to 18.1% over the past 5 years.
Debt Coverage: KIRLOSIND's debt is well covered by operating cash flow (47.3%).
Interest Coverage: KIRLOSIND's interest payments on its debt are well covered by EBIT (6.1x coverage).