Kernex Microsystems (India) Balance Sheet Health
Financial Health criteria checks 5/6
Kernex Microsystems (India) has a total shareholder equity of ₹1.6B and total debt of ₹403.2M, which brings its debt-to-equity ratio to 25.6%. Its total assets and total liabilities are ₹2.4B and ₹791.4M respectively. Kernex Microsystems (India)'s EBIT is ₹379.8M making its interest coverage ratio 5.5. It has cash and short-term investments of ₹343.3M.
Key information
25.63%
Debt to equity ratio
₹403.23m
Debt
| Interest coverage ratio | 5.5x |
| Cash | ₹343.27m |
| Equity | ₹1.57b |
| Total liabilities | ₹791.41m |
| Total assets | ₹2.36b |
Recent financial health updates
Is Kernex Microsystems (India) (NSE:KERNEX) Using Too Much Debt?
Mar 13
Here's Why Kernex Microsystems (India) (NSE:KERNEX) Can Afford Some Debt
Jul 22We Think Kernex Microsystems (India) (NSE:KERNEX) Has A Fair Chunk Of Debt
Mar 23Does Kernex Microsystems (India) (NSE:KERNEX) Have A Healthy Balance Sheet?
Nov 24Is Kernex Microsystems (India) (NSE:KERNEX) A Risky Investment?
Jul 19Kernex Microsystems (India) (NSE:KERNEX) Is Carrying A Fair Bit Of Debt
Mar 10Recent updates
There May Be Underlying Issues With The Quality Of Kernex Microsystems (India)'s (NSE:KERNEX) Earnings
May 31Kernex Microsystems (India) Limited (NSE:KERNEX) Stocks Shoot Up 59% But Its P/S Still Looks Reasonable
May 30Kernex Microsystems (India) Limited's (NSE:KERNEX) P/S Is On The Mark
Apr 15Is Kernex Microsystems (India) (NSE:KERNEX) Using Too Much Debt?
Mar 13Kernex Microsystems (India) Limited (NSE:KERNEX) Stocks Shoot Up 28% But Its P/S Still Looks Reasonable
Jan 05Revenues Tell The Story For Kernex Microsystems (India) Limited (NSE:KERNEX) As Its Stock Soars 26%
Nov 21Here's Why Kernex Microsystems (India) (NSE:KERNEX) Can Afford Some Debt
Jul 22We Think Kernex Microsystems (India) (NSE:KERNEX) Has A Fair Chunk Of Debt
Mar 23Does Kernex Microsystems (India) (NSE:KERNEX) Have A Healthy Balance Sheet?
Nov 24Is Kernex Microsystems (India) (NSE:KERNEX) A Risky Investment?
Jul 19There's Reason For Concern Over Kernex Microsystems (India) Limited's (NSE:KERNEX) Massive 44% Price Jump
Jun 21Kernex Microsystems (India) (NSE:KERNEX) Is Carrying A Fair Bit Of Debt
Mar 10Financial Position Analysis
Short Term Liabilities: KERNEX's short term assets (₹1.8B) exceed its short term liabilities (₹744.3M).
Long Term Liabilities: KERNEX's short term assets (₹1.8B) exceed its long term liabilities (₹47.1M).
Debt to Equity History and Analysis
Debt Level: KERNEX's net debt to equity ratio (3.8%) is considered satisfactory.
Reducing Debt: KERNEX's debt to equity ratio has increased from 18.1% to 25.6% over the past 5 years.
Debt Coverage: KERNEX's debt is well covered by operating cash flow (36.1%).
Interest Coverage: KERNEX's interest payments on its debt are well covered by EBIT (5.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/08 22:17 |
| End of Day Share Price | 2025/06/06 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2025/03/31 |
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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Kernex Microsystems (India) Limited is covered by 1 analysts. 0 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 |
|---|---|
| KrishnaKant Thakur | Nuvama Wealth Management Limited |