Tata Power Balance Sheet Health
Financial Health criteria checks 2/6
Tata Power has a total shareholder equity of ₹370.2B and total debt of ₹525.3B, which brings its debt-to-equity ratio to 141.9%. Its total assets and total liabilities are ₹1,321.1B and ₹950.9B respectively. Tata Power's EBIT is ₹70.3B making its interest coverage ratio 2.1. It has cash and short-term investments of ₹107.7B.
Key information
141.9%
Debt to equity ratio
₹525.26b
Debt
Interest coverage ratio | 2.1x |
Cash | ₹107.73b |
Equity | ₹370.17b |
Total liabilities | ₹950.90b |
Total assets | ₹1.32t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TPCL's short term assets (₹308.7B) do not cover its short term liabilities (₹423.0B).
Long Term Liabilities: TPCL's short term assets (₹308.7B) do not cover its long term liabilities (₹527.9B).
Debt to Equity History and Analysis
Debt Level: TPCL's net debt to equity ratio (112.8%) is considered high.
Reducing Debt: TPCL's debt to equity ratio has reduced from 218.8% to 141.9% over the past 5 years.
Debt Coverage: TPCL's debt is well covered by operating cash flow (20%).
Interest Coverage: TPCL's interest payments on its debt are not well covered by EBIT (2.1x coverage).