Triton Valves Balance Sheet Health
Financial Health criteria checks 2/6
Triton Valves has a total shareholder equity of ₹1.1B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 112.9%. Its total assets and total liabilities are ₹2.7B and ₹1.6B respectively. Triton Valves's EBIT is ₹194.9M making its interest coverage ratio 1.7. It has cash and short-term investments of ₹35.1M.
Key information
112.9%
Debt to equity ratio
₹1.19b
Debt
| Interest coverage ratio | 1.7x |
| Cash | ₹35.13m |
| Equity | ₹1.05b |
| Total liabilities | ₹1.65b |
| Total assets | ₹2.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505978's short term assets (₹1.7B) exceed its short term liabilities (₹1.5B).
Long Term Liabilities: 505978's short term assets (₹1.7B) exceed its long term liabilities (₹186.4M).
Debt to Equity History and Analysis
Debt Level: 505978's net debt to equity ratio (109.6%) is considered high.
Reducing Debt: 505978's debt to equity ratio has increased from 76.1% to 112.9% over the past 5 years.
Debt Coverage: 505978's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 505978's interest payments on its debt are not well covered by EBIT (1.7x coverage).