KPIT Technologies Balance Sheet Health
Financial Health criteria checks 6/6
KPIT Technologies has a total shareholder equity of ₹21.6B and total debt of ₹447.4M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are ₹41.7B and ₹20.0B respectively. KPIT Technologies's EBIT is ₹8.3B making its interest coverage ratio 18.2. It has cash and short-term investments of ₹8.6B.
Key information
2.1%
Debt to equity ratio
₹447.36m
Debt
| Interest coverage ratio | 18.2x |
| Cash | ₹8.57b |
| Equity | ₹21.63b |
| Total liabilities | ₹20.05b |
| Total assets | ₹41.68b |
Recent financial health updates
Is KPIT Technologies (NSE:KPITTECH) A Risky Investment?
Sep 09
Is KPIT Technologies (NSE:KPITTECH) Using Too Much Debt?
May 07KPIT Technologies (NSE:KPITTECH) Could Easily Take On More Debt
Aug 26We Think KPIT Technologies (NSE:KPITTECH) Can Manage Its Debt With Ease
Feb 11Recent updates
Should You Be Adding KPIT Technologies (NSE:KPITTECH) To Your Watchlist Today?
Mar 27Is It Too Late To Consider Buying KPIT Technologies Limited (NSE:KPITTECH)?
Mar 13KPIT Technologies (NSE:KPITTECH) Knows How To Allocate Capital Effectively
Feb 22KPIT Technologies Limited (NSE:KPITTECH) Just Reported And Analysts Have Been Lifting Their Price Targets
Feb 02Investor Optimism Abounds KPIT Technologies Limited (NSE:KPITTECH) But Growth Is Lacking
Jan 09Returns on Capital Paint A Bright Future For KPIT Technologies (NSE:KPITTECH)
Nov 22When Should You Buy KPIT Technologies Limited (NSE:KPITTECH)?
Nov 07Here's Why We Think KPIT Technologies (NSE:KPITTECH) Might Deserve Your Attention Today
Oct 25Is KPIT Technologies (NSE:KPITTECH) A Risky Investment?
Sep 09Is Now The Time To Look At Buying KPIT Technologies Limited (NSE:KPITTECH)?
Jul 16With EPS Growth And More, KPIT Technologies (NSE:KPITTECH) Makes An Interesting Case
Jun 18Is KPIT Technologies (NSE:KPITTECH) Using Too Much Debt?
May 07Investors Shouldn't Overlook KPIT Technologies' (NSE:KPITTECH) Impressive Returns On Capital
Apr 23At ₹811, Is It Time To Put KPIT Technologies Limited (NSE:KPITTECH) On Your Watch List?
Apr 05Here's Why We Think KPIT Technologies (NSE:KPITTECH) Is Well Worth Watching
Mar 08KPIT Technologies (NSE:KPITTECH) Could Become A Multi-Bagger
Jan 06What Does KPIT Technologies Limited's (NSE:KPITTECH) Share Price Indicate?
Nov 25With EPS Growth And More, KPIT Technologies (NSE:KPITTECH) Makes An Interesting Case
Sep 26KPIT Technologies (NSE:KPITTECH) Could Easily Take On More Debt
Aug 26KPIT Technologies' (NSE:KPITTECH) Upcoming Dividend Will Be Larger Than Last Year's
Aug 01What Does KPIT Technologies Limited's (NSE:KPITTECH) Share Price Indicate?
Jun 15Does KPIT Technologies (NSE:KPITTECH) Deserve A Spot On Your Watchlist?
May 04Is Now An Opportune Moment To Examine KPIT Technologies Limited (NSE:KPITTECH)?
Mar 08Returns On Capital Are Showing Encouraging Signs At KPIT Technologies (NSE:KPITTECH)
Feb 24We Think KPIT Technologies (NSE:KPITTECH) Can Manage Its Debt With Ease
Feb 11I Ran A Stock Scan For Earnings Growth And KPIT Technologies (NSE:KPITTECH) Passed With Ease
Jan 30Should You Think About Buying KPIT Technologies Limited (NSE:KPITTECH) Now?
Nov 25Does This Valuation Of KPIT Technologies Limited (NSE:KPITTECH) Imply Investors Are Overpaying?
Oct 25Financial Position Analysis
Short Term Liabilities: KPITTECH's short term assets (₹20.2B) exceed its short term liabilities (₹15.1B).
Long Term Liabilities: KPITTECH's short term assets (₹20.2B) exceed its long term liabilities (₹4.9B).
Debt to Equity History and Analysis
Debt Level: KPITTECH has more cash than its total debt.
Reducing Debt: KPITTECH's debt to equity ratio has reduced from 13.7% to 2.1% over the past 5 years.
Debt Coverage: KPITTECH's debt is well covered by operating cash flow (2239.3%).
Interest Coverage: KPITTECH's interest payments on its debt are well covered by EBIT (18.2x coverage).