Kretto Syscon Balance Sheet Health
Financial Health criteria checks 4/6
Kretto Syscon has a total shareholder equity of ₹212.2M and total debt of ₹10.1M, which brings its debt-to-equity ratio to 4.8%. Its total assets and total liabilities are ₹248.5M and ₹36.2M respectively. Kretto Syscon's EBIT is ₹55.9M making its interest coverage ratio -8. It has cash and short-term investments of ₹3.6M.
Key information
4.8%
Debt to equity ratio
₹10.14m
Debt
| Interest coverage ratio | -8x |
| Cash | ₹3.64m |
| Equity | ₹212.24m |
| Total liabilities | ₹36.22m |
| Total assets | ₹248.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531328's short term assets (₹83.2M) exceed its short term liabilities (₹36.2M).
Long Term Liabilities: 531328's short term assets (₹83.2M) exceed its long term liabilities (₹1,000.0).
Debt to Equity History and Analysis
Debt Level: 531328's net debt to equity ratio (3.1%) is considered satisfactory.
Reducing Debt: 531328's debt to equity ratio has increased from 0% to 4.8% over the past 5 years.
Debt Coverage: 531328's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531328 earns more interest than it pays, so coverage of interest payments is not a concern.