TVS Holdings Balance Sheet Health
Financial Health criteria checks 2/6
TVS Holdings has a total shareholder equity of ₹64.4B and total debt of ₹264.0B, which brings its debt-to-equity ratio to 409.8%. Its total assets and total liabilities are ₹428.9B and ₹364.5B respectively. TVS Holdings's EBIT is ₹41.9B making its interest coverage ratio 2.2. It has cash and short-term investments of ₹37.9B.
Key information
409.8%
Debt to equity ratio
₹264.03b
Debt
Interest coverage ratio | 2.2x |
Cash | ₹37.90b |
Equity | ₹64.43b |
Total liabilities | ₹364.50b |
Total assets | ₹428.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 520056's short term assets (₹235.6B) exceed its short term liabilities (₹231.9B).
Long Term Liabilities: 520056's short term assets (₹235.6B) exceed its long term liabilities (₹132.6B).
Debt to Equity History and Analysis
Debt Level: 520056's net debt to equity ratio (351%) is considered high.
Reducing Debt: 520056's debt to equity ratio has increased from 250.5% to 409.8% over the past 5 years.
Debt Coverage: 520056's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 520056's interest payments on its debt are not well covered by EBIT (2.2x coverage).