Shri Krishna Devcon Balance Sheet Health
Financial Health criteria checks 4/6
Shri Krishna Devcon has a total shareholder equity of ₹819.4M and total debt of ₹548.7M, which brings its debt-to-equity ratio to 67%. Its total assets and total liabilities are ₹2.0B and ₹1.2B respectively. Shri Krishna Devcon's EBIT is ₹139.5M making its interest coverage ratio 4.3. It has cash and short-term investments of ₹100.2M.
Key information
67.0%
Debt to equity ratio
₹548.67m
Debt
Interest coverage ratio | 4.3x |
Cash | ₹100.16m |
Equity | ₹819.40m |
Total liabilities | ₹1.20b |
Total assets | ₹2.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531080's short term assets (₹1.8B) exceed its short term liabilities (₹974.5M).
Long Term Liabilities: 531080's short term assets (₹1.8B) exceed its long term liabilities (₹229.3M).
Debt to Equity History and Analysis
Debt Level: 531080's net debt to equity ratio (54.7%) is considered high.
Reducing Debt: 531080's debt to equity ratio has reduced from 71.1% to 67% over the past 5 years.
Debt Coverage: 531080's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: 531080's interest payments on its debt are well covered by EBIT (4.3x coverage).