Talbros Engineering Balance Sheet Health
Financial Health criteria checks 5/6
Talbros Engineering has a total shareholder equity of ₹1.3B and total debt of ₹1.0B, which brings its debt-to-equity ratio to 81.5%. Its total assets and total liabilities are ₹2.8B and ₹1.6B respectively. Talbros Engineering's EBIT is ₹336.6M making its interest coverage ratio 5.5. It has cash and short-term investments of ₹2.0M.
Key information
81.5%
Debt to equity ratio
₹1.05b
Debt
Interest coverage ratio | 5.5x |
Cash | ₹1.97m |
Equity | ₹1.28b |
Total liabilities | ₹1.55b |
Total assets | ₹2.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538987's short term assets (₹1.3B) exceed its short term liabilities (₹959.2M).
Long Term Liabilities: 538987's short term assets (₹1.3B) exceed its long term liabilities (₹595.6M).
Debt to Equity History and Analysis
Debt Level: 538987's net debt to equity ratio (81.3%) is considered high.
Reducing Debt: 538987's debt to equity ratio has reduced from 137.3% to 81.5% over the past 5 years.
Debt Coverage: 538987's debt is well covered by operating cash flow (38.3%).
Interest Coverage: 538987's interest payments on its debt are well covered by EBIT (5.5x coverage).