Kaynes Technology India Balance Sheet Health
Financial Health criteria checks 4/6
Kaynes Technology India has a total shareholder equity of ₹10.2B and total debt of ₹2.8B, which brings its debt-to-equity ratio to 27.4%. Its total assets and total liabilities are ₹16.4B and ₹6.2B respectively. Kaynes Technology India's EBIT is ₹2.0B making its interest coverage ratio 5.7. It has cash and short-term investments of ₹4.5B.
Key information
27.4%
Debt to equity ratio
₹2.78b
Debt
| Interest coverage ratio | 5.7x |
| Cash | ₹4.50b |
| Equity | ₹10.17b |
| Total liabilities | ₹6.18b |
| Total assets | ₹16.35b |
Recent financial health updates
No updates
Recent updates
Kaynes Technology India Limited (NSE:KAYNES) Not Flying Under The Radar
Mar 26
Here's Why We Think Kaynes Technology India (NSE:KAYNES) Is Well Worth Watching
Dec 08Industry Analysts Just Upgraded Their Kaynes Technology India Limited (NSE:KAYNES) Revenue Forecasts By 7.1%
Aug 02Kaynes Technology India Limited's (NSE:KAYNES) Price In Tune With Earnings
Apr 10Financial Position Analysis
Short Term Liabilities: KAYNES's short term assets (₹13.7B) exceed its short term liabilities (₹5.8B).
Long Term Liabilities: KAYNES's short term assets (₹13.7B) exceed its long term liabilities (₹419.3M).
Debt to Equity History and Analysis
Debt Level: KAYNES has more cash than its total debt.
Reducing Debt: Insufficient data to determine if KAYNES's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: KAYNES's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: KAYNES's interest payments on its debt are well covered by EBIT (5.7x coverage).