Kings Infra Ventures Balance Sheet Health
Financial Health criteria checks 3/6
Kings Infra Ventures has a total shareholder equity of ₹402.2M and total debt of ₹319.1M, which brings its debt-to-equity ratio to 79.3%. Its total assets and total liabilities are ₹814.2M and ₹412.0M respectively. Kings Infra Ventures's EBIT is ₹136.6M making its interest coverage ratio 4.2. It has cash and short-term investments of ₹1.7M.
Key information
79.3%
Debt to equity ratio
₹319.15m
Debt
Interest coverage ratio | 4.2x |
Cash | ₹1.74m |
Equity | ₹402.22m |
Total liabilities | ₹411.98m |
Total assets | ₹814.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530215's short term assets (₹450.4M) exceed its short term liabilities (₹277.8M).
Long Term Liabilities: 530215's short term assets (₹450.4M) exceed its long term liabilities (₹134.2M).
Debt to Equity History and Analysis
Debt Level: 530215's net debt to equity ratio (78.9%) is considered high.
Reducing Debt: 530215's debt to equity ratio has increased from 47.8% to 79.3% over the past 5 years.
Debt Coverage: 530215's debt is not well covered by operating cash flow (3.3%).
Interest Coverage: 530215's interest payments on its debt are well covered by EBIT (4.2x coverage).