Krishca Strapping Solutions Balance Sheet Health
Financial Health criteria checks 5/6
Krishca Strapping Solutions has a total shareholder equity of ₹109.4M and total debt of ₹120.9M, which brings its debt-to-equity ratio to 110.6%. Its total assets and total liabilities are ₹348.7M and ₹239.3M respectively. Krishca Strapping Solutions's EBIT is ₹125.0M making its interest coverage ratio 15.3. It has cash and short-term investments of ₹3.9M.
Key information
110.6%
Debt to equity ratio
₹120.93m
Debt
Interest coverage ratio | 15.3x |
Cash | ₹3.89m |
Equity | ₹109.37m |
Total liabilities | ₹239.35m |
Total assets | ₹348.72m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: KRISHCA's short term assets (₹249.9M) exceed its short term liabilities (₹195.4M).
Long Term Liabilities: KRISHCA's short term assets (₹249.9M) exceed its long term liabilities (₹43.9M).
Debt to Equity History and Analysis
Debt Level: KRISHCA's net debt to equity ratio (107%) is considered high.
Reducing Debt: KRISHCA's debt to equity ratio has reduced from 3919.1% to 110.6% over the past 5 years.
Debt Coverage: KRISHCA's debt is well covered by operating cash flow (55.6%).
Interest Coverage: KRISHCA's interest payments on its debt are well covered by EBIT (15.3x coverage).