TVS Srichakra Balance Sheet Health
Financial Health criteria checks 3/6
TVS Srichakra has a total shareholder equity of ₹10.7B and total debt of ₹8.7B, which brings its debt-to-equity ratio to 80.9%. Its total assets and total liabilities are ₹27.2B and ₹16.4B respectively. TVS Srichakra's EBIT is ₹1.4B making its interest coverage ratio 3.2. It has cash and short-term investments of ₹286.7M.
Key information
80.9%
Debt to equity ratio
₹8.69b
Debt
| Interest coverage ratio | 3.2x |
| Cash | ₹286.70m |
| Equity | ₹10.74b |
| Total liabilities | ₹16.43b |
| Total assets | ₹27.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 509243's short term assets (₹11.0B) do not cover its short term liabilities (₹11.5B).
Long Term Liabilities: 509243's short term assets (₹11.0B) exceed its long term liabilities (₹5.0B).
Debt to Equity History and Analysis
Debt Level: 509243's net debt to equity ratio (78.2%) is considered high.
Reducing Debt: 509243's debt to equity ratio has increased from 46.9% to 80.9% over the past 5 years.
Debt Coverage: 509243's debt is well covered by operating cash flow (24.4%).
Interest Coverage: 509243's interest payments on its debt are well covered by EBIT (3.2x coverage).