Kolte-Patil Developers Balance Sheet Health
Financial Health criteria checks 2/6
Kolte-Patil Developers has a total shareholder equity of ₹10.4B and total debt of ₹8.9B, which brings its debt-to-equity ratio to 85.5%. Its total assets and total liabilities are ₹45.3B and ₹34.9B respectively. Kolte-Patil Developers's EBIT is ₹2.2B making its interest coverage ratio 2.9. It has cash and short-term investments of ₹3.4B.
Key information
85.5%
Debt to equity ratio
₹8.93b
Debt
Interest coverage ratio | 2.9x |
Cash | ₹3.43b |
Equity | ₹10.45b |
Total liabilities | ₹34.85b |
Total assets | ₹45.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532924's short term assets (₹36.7B) exceed its short term liabilities (₹28.4B).
Long Term Liabilities: 532924's short term assets (₹36.7B) exceed its long term liabilities (₹6.4B).
Debt to Equity History and Analysis
Debt Level: 532924's net debt to equity ratio (52.7%) is considered high.
Reducing Debt: 532924's debt to equity ratio has increased from 79.4% to 85.5% over the past 5 years.
Debt Coverage: 532924's debt is not well covered by operating cash flow (3.3%).
Interest Coverage: 532924's interest payments on its debt are not well covered by EBIT (2.9x coverage).