Kore Digital Balance Sheet Health
Financial Health criteria checks 4/6
Kore Digital has a total shareholder equity of ₹823.1M and total debt of ₹2.8M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ₹1.8B and ₹1.0B respectively. Kore Digital's EBIT is ₹225.2M making its interest coverage ratio 90.8. It has cash and short-term investments of ₹5.2M.
Key information
0.3%
Debt to equity ratio
₹2.83m
Debt
| Interest coverage ratio | 90.8x |
| Cash | ₹5.21m |
| Equity | ₹823.11m |
| Total liabilities | ₹1.02b |
| Total assets | ₹1.85b |
Financial Position Analysis
Short Term Liabilities: KDL's short term assets (₹1.5B) exceed its short term liabilities (₹1.0B).
Long Term Liabilities: KDL's short term assets (₹1.5B) exceed its long term liabilities (₹10.1M).
Debt to Equity History and Analysis
Debt Level: KDL has more cash than its total debt.
Reducing Debt: Insufficient data to determine if KDL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: KDL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: KDL's interest payments on its debt are well covered by EBIT (90.8x coverage).