Kernex Microsystems (India) Balance Sheet Health
Financial Health criteria checks 4/6
Kernex Microsystems (India) has a total shareholder equity of ₹1.2B and total debt of ₹318.6M, which brings its debt-to-equity ratio to 27.4%. Its total assets and total liabilities are ₹1.9B and ₹754.0M respectively.
Key information
27.4%
Debt to equity ratio
₹318.59m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹241.46m |
| Equity | ₹1.16b |
| Total liabilities | ₹754.03m |
| Total assets | ₹1.92b |
Recent financial health updates
Here's Why Kernex Microsystems (India) (NSE:KERNEX) Can Afford Some Debt
Jul 22
We 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
Revenues 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 (₹1.5B) exceed its short term liabilities (₹737.4M).
Long Term Liabilities: KERNEX's short term assets (₹1.5B) exceed its long term liabilities (₹16.6M).
Debt to Equity History and Analysis
Debt Level: KERNEX's net debt to equity ratio (6.6%) is considered satisfactory.
Reducing Debt: KERNEX's debt to equity ratio has reduced from 44.3% to 27.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: KERNEX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: KERNEX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 35.4% each year