Krishca Strapping Solutions Balance Sheet Health
Financial Health criteria checks 4/6
Krishca Strapping Solutions has a total shareholder equity of ₹391.0M and total debt of ₹201.4M, which brings its debt-to-equity ratio to 51.5%. Its total assets and total liabilities are ₹777.0M and ₹385.9M respectively. Krishca Strapping Solutions's EBIT is ₹181.3M making its interest coverage ratio 14.4. It has cash and short-term investments of ₹12.0M.
Key information
51.5%
Debt to equity ratio
₹201.42m
Debt
Interest coverage ratio | 14.4x |
Cash | ₹12.01m |
Equity | ₹391.05m |
Total liabilities | ₹385.92m |
Total assets | ₹776.97m |
Recent financial health updates
No updates
Recent updates
Improved Earnings Required Before Krishca Strapping Solutions Limited (NSE:KRISHCA) Stock's 45% Jump Looks Justified
Jun 29We Think That There Are Some Issues For Krishca Strapping Solutions (NSE:KRISHCA) Beyond Its Promising Earnings
Jun 03What Krishca Strapping Solutions Limited's (NSE:KRISHCA) P/E Is Not Telling You
Apr 30Investor Optimism Abounds Krishca Strapping Solutions Limited (NSE:KRISHCA) But Growth Is Lacking
Jan 10Financial Position Analysis
Short Term Liabilities: KRISHCA's short term assets (₹499.6M) exceed its short term liabilities (₹337.3M).
Long Term Liabilities: KRISHCA's short term assets (₹499.6M) exceed its long term liabilities (₹48.7M).
Debt to Equity History and Analysis
Debt Level: KRISHCA's net debt to equity ratio (48.4%) is considered high.
Reducing Debt: KRISHCA had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: KRISHCA's debt is not well covered by operating cash flow (8.1%).
Interest Coverage: KRISHCA's interest payments on its debt are well covered by EBIT (14.4x coverage).