Talbros Engineering Balance Sheet Health
Financial Health criteria checks 5/6
Talbros Engineering has a total shareholder equity of ₹1.4B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 83%. Its total assets and total liabilities are ₹2.9B and ₹1.5B respectively. Talbros Engineering's EBIT is ₹335.2M making its interest coverage ratio 3.4. It has cash and short-term investments of ₹2.2M.
Key information
83.0%
Debt to equity ratio
₹1.13b
Debt
| Interest coverage ratio | 3.4x |
| Cash | ₹2.24m |
| Equity | ₹1.36b |
| Total liabilities | ₹1.53b |
| Total assets | ₹2.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538987's short term assets (₹1.2B) exceed its short term liabilities (₹912.0M).
Long Term Liabilities: 538987's short term assets (₹1.2B) exceed its long term liabilities (₹622.5M).
Debt to Equity History and Analysis
Debt Level: 538987's net debt to equity ratio (82.8%) is considered high.
Reducing Debt: 538987's debt to equity ratio has reduced from 126.2% to 83% over the past 5 years.
Debt Coverage: 538987's debt is well covered by operating cash flow (27.7%).
Interest Coverage: 538987's interest payments on its debt are well covered by EBIT (3.4x coverage).