Karma Energy Balance Sheet Health
Financial Health criteria checks 5/6
Karma Energy has a total shareholder equity of ₹384.4M and total debt of ₹147.0K, which brings its debt-to-equity ratio to 0.04%. Its total assets and total liabilities are ₹500.4M and ₹116.0M respectively. Karma Energy's EBIT is ₹876.0K making its interest coverage ratio 0.7. It has cash and short-term investments of ₹907.0K.
Key information
0.04%
Debt to equity ratio
₹147.00k
Debt
Interest coverage ratio | 0.7x |
Cash | ₹907.00k |
Equity | ₹384.43m |
Total liabilities | ₹116.02m |
Total assets | ₹500.44m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533451's short term assets (₹129.3M) exceed its short term liabilities (₹58.1M).
Long Term Liabilities: 533451's short term assets (₹129.3M) exceed its long term liabilities (₹57.9M).
Debt to Equity History and Analysis
Debt Level: 533451 has more cash than its total debt.
Reducing Debt: 533451's debt to equity ratio has reduced from 199.7% to 0.04% over the past 5 years.
Debt Coverage: 533451's debt is well covered by operating cash flow (30142.2%).
Interest Coverage: 533451's interest payments on its debt are not well covered by EBIT (0.7x coverage).