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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/27 14:09 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Triton Valves Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Vijay Madunala | FirstCall Research |