Shri Krishna Devcon Balance Sheet Health
Financial Health criteria checks 4/6
Shri Krishna Devcon has a total shareholder equity of ₹829.6M and total debt of ₹519.3M, which brings its debt-to-equity ratio to 62.6%. Its total assets and total liabilities are ₹2.0B and ₹1.2B respectively. Shri Krishna Devcon's EBIT is ₹94.7M making its interest coverage ratio 3. It has cash and short-term investments of ₹51.2M.
Key information
62.6%
Debt to equity ratio
₹519.34m
Debt
| Interest coverage ratio | 3x |
| Cash | ₹51.15m |
| Equity | ₹829.60m |
| Total liabilities | ₹1.16b |
| Total assets | ₹1.98b |
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 (₹951.4M).
Long Term Liabilities: 531080's short term assets (₹1.7B) exceed its long term liabilities (₹203.9M).
Debt to Equity History and Analysis
Debt Level: 531080's net debt to equity ratio (56.4%) is considered high.
Reducing Debt: 531080's debt to equity ratio has reduced from 70.7% to 62.6% over the past 5 years.
Debt Coverage: 531080's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531080's interest payments on its debt are well covered by EBIT (3x coverage).