Karma Energy Balance Sheet Health
Financial Health criteria checks 6/6
Karma Energy has a total shareholder equity of ₹413.3M and total debt of ₹11.4M, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are ₹539.8M and ₹126.6M respectively. Karma Energy's EBIT is ₹30.6M making its interest coverage ratio -3.4. It has cash and short-term investments of ₹491.0K.
Key information
2.7%
Debt to equity ratio
₹11.36m
Debt
| Interest coverage ratio | -3.4x |
| Cash | ₹491.00k |
| Equity | ₹413.27m |
| Total liabilities | ₹126.58m |
| Total assets | ₹539.85m |
Recent financial health updates
Is Karma Energy (NSE:KARMAENG) A Risky Investment?
Jul 08
Does Karma Energy (NSE:KARMAENG) Have A Healthy Balance Sheet?
Nov 25Is Karma Energy (NSE:KARMAENG) Weighed On By Its Debt Load?
Jul 19Is Karma Energy (NSE:KARMAENG) Weighed On By Its Debt Load?
Jan 07Recent updates
Why Investors Shouldn't Be Surprised By Karma Energy Limited's (NSE:KARMAENG) 26% Share Price Plunge
Jan 07Does Karma Energy (NSE:KARMAENG) Deserve A Spot On Your Watchlist?
Sep 30Is Karma Energy (NSE:KARMAENG) A Risky Investment?
Jul 08Does Karma Energy (NSE:KARMAENG) Have A Healthy Balance Sheet?
Nov 25Is Karma Energy (NSE:KARMAENG) Weighed On By Its Debt Load?
Jul 19Is Karma Energy (NSE:KARMAENG) Weighed On By Its Debt Load?
Jan 07Financial Position Analysis
Short Term Liabilities: KARMAENG's short term assets (₹194.5M) exceed its short term liabilities (₹62.8M).
Long Term Liabilities: KARMAENG's short term assets (₹194.5M) exceed its long term liabilities (₹63.8M).
Debt to Equity History and Analysis
Debt Level: KARMAENG's net debt to equity ratio (2.6%) is considered satisfactory.
Reducing Debt: KARMAENG's debt to equity ratio has reduced from 154.5% to 2.7% over the past 5 years.
Debt Coverage: KARMAENG's debt is well covered by operating cash flow (80.9%).
Interest Coverage: KARMAENG earns more interest than it pays, so coverage of interest payments is not a concern.