TVS Srichakra Balance Sheet Health
Financial Health criteria checks 4/6
TVS Srichakra has a total shareholder equity of ₹10.7B and total debt of ₹7.0B, which brings its debt-to-equity ratio to 65.5%. Its total assets and total liabilities are ₹23.7B and ₹13.0B respectively. TVS Srichakra's EBIT is ₹1.8B making its interest coverage ratio 4.8. It has cash and short-term investments of ₹191.5M.
Key information
65.5%
Debt to equity ratio
₹7.03b
Debt
Interest coverage ratio | 4.8x |
Cash | ₹191.50m |
Equity | ₹10.74b |
Total liabilities | ₹12.99b |
Total assets | ₹23.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 509243's short term assets (₹9.0B) exceed its short term liabilities (₹8.1B).
Long Term Liabilities: 509243's short term assets (₹9.0B) exceed its long term liabilities (₹4.8B).
Debt to Equity History and Analysis
Debt Level: 509243's net debt to equity ratio (63.7%) is considered high.
Reducing Debt: 509243's debt to equity ratio has increased from 56.4% to 65.5% over the past 5 years.
Debt Coverage: 509243's debt is well covered by operating cash flow (43%).
Interest Coverage: 509243's interest payments on its debt are well covered by EBIT (4.8x coverage).