Khemani Distributors & Marketing Balance Sheet Health
Financial Health criteria checks 6/6
Khemani Distributors & Marketing has a total shareholder equity of ₹718.8M and total debt of ₹608.0K, which brings its debt-to-equity ratio to 0.08%. Its total assets and total liabilities are ₹814.7M and ₹95.9M respectively. Khemani Distributors & Marketing's EBIT is ₹311.0M making its interest coverage ratio 72.6. It has cash and short-term investments of ₹18.3M.
Key information
0.08%
Debt to equity ratio
₹608.00k
Debt
Interest coverage ratio | 72.6x |
Cash | ₹18.31m |
Equity | ₹718.76m |
Total liabilities | ₹95.90m |
Total assets | ₹814.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539788's short term assets (₹216.4M) exceed its short term liabilities (₹95.3M).
Long Term Liabilities: 539788's short term assets (₹216.4M) exceed its long term liabilities (₹608.0K).
Debt to Equity History and Analysis
Debt Level: 539788 has more cash than its total debt.
Reducing Debt: 539788's debt to equity ratio has reduced from 4.7% to 0.08% over the past 5 years.
Debt Coverage: 539788's debt is well covered by operating cash flow (60939%).
Interest Coverage: 539788's interest payments on its debt are well covered by EBIT (72.6x coverage).