Kaynes Technology India Balance Sheet Health
Financial Health criteria checks 5/6
Kaynes Technology India has a total shareholder equity of ₹26.0B and total debt of ₹6.8B, which brings its debt-to-equity ratio to 26.3%. Its total assets and total liabilities are ₹38.0B and ₹12.0B respectively. Kaynes Technology India's EBIT is ₹2.8B making its interest coverage ratio 13.5. It has cash and short-term investments of ₹12.1B.
Key information
26.3%
Debt to equity ratio
₹6.83b
Debt
| Interest coverage ratio | 13.5x |
| Cash | ₹12.12b |
| Equity | ₹26.01b |
| Total liabilities | ₹11.95b |
| Total assets | ₹37.96b |
Recent financial health updates
Recent updates
There Are Reasons To Feel Uneasy About Kaynes Technology India's (NSE:KAYNES) Returns On Capital
Dec 06
Kaynes Technology India Limited Just Beat EPS By 9.9%: Here's What Analysts Think Will Happen Next
Jul 30These 4 Measures Indicate That Kaynes Technology India (NSE:KAYNES) Is Using Debt Reasonably Well
Jul 14Some Investors May Be Worried About Kaynes Technology India's (NSE:KAYNES) Returns On Capital
Jun 22After Leaping 27% Kaynes Technology India Limited (NSE:KAYNES) Shares Are Not Flying Under The Radar
Jun 01Kaynes Technology India's (NSE:KAYNES) Performance Raises Some Questions
May 24Kaynes Technology India Limited (NSE:KAYNES) Not Flying Under The Radar
Mar 26Financial Position Analysis
Short Term Liabilities: KAYNES's short term assets (₹27.0B) exceed its short term liabilities (₹11.2B).
Long Term Liabilities: KAYNES's short term assets (₹27.0B) exceed its long term liabilities (₹756.5M).
Debt to Equity History and Analysis
Debt Level: KAYNES has more cash than its total debt.
Reducing Debt: KAYNES's debt to equity ratio has reduced from 157% to 26.3% 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 (13.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 00:06 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Kaynes Technology India Limited is covered by 32 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Vijayaraghavan Swaminathan | Avendus Spark |
| Ravi Swaminathan | Avendus Spark |
| null null | Axis Capital Limited |