Kritika Wires Limited

NSEI:KRITIKA Stock Report

Market Cap: ₹5.4b

Kritika Wires Balance Sheet Health

Financial Health criteria checks 6/6

Kritika Wires has a total shareholder equity of ₹843.4M and total debt of ₹400.9M, which brings its debt-to-equity ratio to 47.5%. Its total assets and total liabilities are ₹1.5B and ₹682.0M respectively. Kritika Wires's EBIT is ₹176.0M making its interest coverage ratio 4.6. It has cash and short-term investments of ₹234.9M.

Key information

47.5%

Debt to equity ratio

₹400.93m

Debt

Interest coverage ratio4.6x
Cash₹234.89m
Equity₹843.37m
Total liabilities₹681.97m
Total assets₹1.53b

Recent financial health updates

Recent updates

The Price Is Right For Kritika Wires Limited (NSE:KRITIKA) Even After Diving 26%

Apr 06
The Price Is Right For Kritika Wires Limited (NSE:KRITIKA) Even After Diving 26%

After Leaping 27% Kritika Wires Limited (NSE:KRITIKA) Shares Are Not Flying Under The Radar

Feb 15
After Leaping 27% Kritika Wires Limited (NSE:KRITIKA) Shares Are Not Flying Under The Radar

These 4 Measures Indicate That Kritika Wires (NSE:KRITIKA) Is Using Debt Reasonably Well

Feb 01
These 4 Measures Indicate That Kritika Wires (NSE:KRITIKA) Is Using Debt Reasonably Well

Earnings Working Against Kritika Wires Limited's (NSE:KRITIKA) Share Price Following 63% Dive

Dec 20
Earnings Working Against Kritika Wires Limited's (NSE:KRITIKA) Share Price Following 63% Dive

Here's Why Kritika Wires (NSE:KRITIKA) Can Manage Its Debt Responsibly

Sep 28
Here's Why Kritika Wires (NSE:KRITIKA) Can Manage Its Debt Responsibly

Does Kritika Wires (NSE:KRITIKA) Deserve A Spot On Your Watchlist?

Mar 15
Does Kritika Wires (NSE:KRITIKA) Deserve A Spot On Your Watchlist?

Kritika Wires (NSE:KRITIKA) Has A Pretty Healthy Balance Sheet

Dec 25
Kritika Wires (NSE:KRITIKA) Has A Pretty Healthy Balance Sheet

Estimating The Fair Value Of Kritika Wires Limited (NSE:KRITIKA)

Aug 18
Estimating The Fair Value Of Kritika Wires Limited (NSE:KRITIKA)

Kritika Wires (NSE:KRITIKA) Seems To Use Debt Quite Sensibly

Jul 22
Kritika Wires (NSE:KRITIKA) Seems To Use Debt Quite Sensibly

Is Kritika Wires (NSE:KRITIKA) A Risky Investment?

Mar 23
Is Kritika Wires (NSE:KRITIKA) A Risky Investment?

We Think Kritika Wires (NSE:KRITIKA) Can Stay On Top Of Its Debt

Dec 08
We Think Kritika Wires (NSE:KRITIKA) Can Stay On Top Of Its Debt

Financial Position Analysis

Short Term Liabilities: KRITIKA's short term assets (₹1.2B) exceed its short term liabilities (₹673.2M).

Long Term Liabilities: KRITIKA's short term assets (₹1.2B) exceed its long term liabilities (₹8.8M).


Debt to Equity History and Analysis

Debt Level: KRITIKA's net debt to equity ratio (19.7%) is considered satisfactory.

Reducing Debt: KRITIKA's debt to equity ratio has reduced from 67.7% to 47.5% over the past 5 years.

Debt Coverage: KRITIKA's debt is well covered by operating cash flow (34.6%).

Interest Coverage: KRITIKA's interest payments on its debt are well covered by EBIT (4.6x coverage).


Balance Sheet


Discover healthy companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.