Talbros Automotive Components Balance Sheet Health
Financial Health criteria checks 6/6
Talbros Automotive Components has a total shareholder equity of ₹4.5B and total debt of ₹854.1M, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are ₹7.6B and ₹3.1B respectively. Talbros Automotive Components's EBIT is ₹893.7M making its interest coverage ratio 8.3. It has cash and short-term investments of ₹43.7M.
Key information
19.0%
Debt to equity ratio
₹854.07m
Debt
Interest coverage ratio | 8.3x |
Cash | ₹43.70m |
Equity | ₹4.50b |
Total liabilities | ₹3.06b |
Total assets | ₹7.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505160's short term assets (₹3.6B) exceed its short term liabilities (₹2.7B).
Long Term Liabilities: 505160's short term assets (₹3.6B) exceed its long term liabilities (₹364.1M).
Debt to Equity History and Analysis
Debt Level: 505160's net debt to equity ratio (18%) is considered satisfactory.
Reducing Debt: 505160's debt to equity ratio has reduced from 82.7% to 19% over the past 5 years.
Debt Coverage: 505160's debt is well covered by operating cash flow (90.8%).
Interest Coverage: 505160's interest payments on its debt are well covered by EBIT (8.3x coverage).