KPIT Technologies Balance Sheet Health
Financial Health criteria checks 6/6
KPIT Technologies has a total shareholder equity of ₹25.0B and total debt of ₹402.2M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are ₹45.9B and ₹20.9B respectively. KPIT Technologies's EBIT is ₹9.5B making its interest coverage ratio 23. It has cash and short-term investments of ₹9.9B.
Key information
1.6%
Debt to equity ratio
₹402.24m
Debt
| Interest coverage ratio | 23x |
| Cash | ₹9.88b |
| Equity | ₹25.00b |
| Total liabilities | ₹20.85b |
| Total assets | ₹45.86b |
Recent financial health updates
Is KPIT Technologies (NSE:KPITTECH) Using Too Much Debt?
Jun 04
Is KPIT Technologies (NSE:KPITTECH) A Risky Investment?
Sep 09Is KPIT Technologies (NSE:KPITTECH) Using Too Much Debt?
May 07KPIT Technologies (NSE:KPITTECH) Could Easily Take On More Debt
Aug 26Recent updates
Do KPIT Technologies' (NSE:KPITTECH) Earnings Warrant Your Attention?
Nov 18KPIT Technologies' (NSE:KPITTECH) Strong Earnings Are Of Good Quality
Nov 05KPIT Technologies Limited Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Oct 26We Like KPIT Technologies' (NSE:KPITTECH) Returns And Here's How They're Trending
Sep 03KPIT Technologies (NSE:KPITTECH) Has Announced That It Will Be Increasing Its Dividend To ₹4.60
Aug 01Results: KPIT Technologies Limited Exceeded Expectations And The Consensus Has Updated Its Estimates
Jul 26What KPIT Technologies Limited's (NSE:KPITTECH) 26% Share Price Gain Is Not Telling You
Jul 13Here's Why We Think KPIT Technologies (NSE:KPITTECH) Might Deserve Your Attention Today
Jul 01Is KPIT Technologies (NSE:KPITTECH) Using Too Much Debt?
Jun 04KPIT Technologies Limited's (NSE:KPITTECH) Price In Tune With Earnings
May 21We Like The Quality Of KPIT Technologies' (NSE:KPITTECH) Earnings
May 06Should 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 01Financial Position Analysis
Short Term Liabilities: KPITTECH's short term assets (₹22.4B) exceed its short term liabilities (₹17.2B).
Long Term Liabilities: KPITTECH's short term assets (₹22.4B) exceed its long term liabilities (₹3.6B).
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 5.8% to 1.6% over the past 5 years.
Debt Coverage: KPITTECH's debt is well covered by operating cash flow (2832.8%).
Interest Coverage: KPITTECH's interest payments on its debt are well covered by EBIT (23x coverage).