Triton Valves Balance Sheet Health
Financial Health criteria checks 3/6
Triton Valves has a total shareholder equity of ₹726.9M and total debt of ₹1.2B, which brings its debt-to-equity ratio to 168.7%. Its total assets and total liabilities are ₹2.5B and ₹1.7B respectively. Triton Valves's EBIT is ₹153.5M making its interest coverage ratio 1.1. It has cash and short-term investments of ₹30.7M.
Key information
168.7%
Debt to equity ratio
₹1.23b
Debt
Interest coverage ratio | 1.1x |
Cash | ₹30.72m |
Equity | ₹726.91m |
Total liabilities | ₹1.74b |
Total assets | ₹2.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505978's short term assets (₹1.5B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: 505978's short term assets (₹1.5B) exceed its long term liabilities (₹331.2M).
Debt to Equity History and Analysis
Debt Level: 505978's net debt to equity ratio (164.5%) is considered high.
Reducing Debt: 505978's debt to equity ratio has increased from 80.5% to 168.7% over the past 5 years.
Debt Coverage: 505978's debt is well covered by operating cash flow (24.2%).
Interest Coverage: 505978's interest payments on its debt are not well covered by EBIT (1.1x coverage).