Shri Krishna Devcon Balance Sheet Health
Financial Health criteria checks 3/6
Shri Krishna Devcon has a total shareholder equity of ₹831.1M and total debt of ₹501.2M, which brings its debt-to-equity ratio to 60.3%. Its total assets and total liabilities are ₹1.9B and ₹1.1B respectively. Shri Krishna Devcon's EBIT is ₹68.1M making its interest coverage ratio 2.2. It has cash and short-term investments of ₹40.5M.
Key information
60.3%
Debt to equity ratio
₹501.16m
Debt
| Interest coverage ratio | 2.2x |
| Cash | ₹40.53m |
| Equity | ₹831.06m |
| Total liabilities | ₹1.10b |
| Total assets | ₹1.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531080's short term assets (₹1.7B) exceed its short term liabilities (₹914.5M).
Long Term Liabilities: 531080's short term assets (₹1.7B) exceed its long term liabilities (₹186.8M).
Debt to Equity History and Analysis
Debt Level: 531080's net debt to equity ratio (55.4%) is considered high.
Reducing Debt: 531080's debt to equity ratio has reduced from 66% to 60.3% over the past 5 years.
Debt Coverage: 531080's debt is not well covered by operating cash flow (12.7%).
Interest Coverage: 531080's interest payments on its debt are not well covered by EBIT (2.2x coverage).