Kaynes Technology India Balance Sheet Health
Financial Health criteria checks 6/6
Kaynes Technology India has a total shareholder equity of ₹24.9B and total debt of ₹3.2B, which brings its debt-to-equity ratio to 13%. Its total assets and total liabilities are ₹32.7B and ₹7.8B respectively. Kaynes Technology India's EBIT is ₹2.5B making its interest coverage ratio 3.9. It has cash and short-term investments of ₹15.3B.
Key information
13.0%
Debt to equity ratio
₹3.23b
Debt
| Interest coverage ratio | 3.9x |
| Cash | ₹15.26b |
| Equity | ₹24.88b |
| Total liabilities | ₹7.77b |
| Total assets | ₹32.65b |
Recent financial health updates
Recent updates
Kaynes Technology India Limited Just Beat EPS By 9.9%: Here's What Analysts Think Will Happen Next
Jul 30
These 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 26Here'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 (₹25.9B) exceed its short term liabilities (₹7.4B).
Long Term Liabilities: KAYNES's short term assets (₹25.9B) exceed its long term liabilities (₹404.8M).
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 161.7% to 13% over the past 5 years.
Debt Coverage: KAYNES's debt is well covered by operating cash flow (21.7%).
Interest Coverage: KAYNES's interest payments on its debt are well covered by EBIT (3.9x coverage).