Talbros Engineering Balance Sheet Health
Financial Health criteria checks 5/6
Talbros Engineering has a total shareholder equity of ₹1.5B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 74.2%. Its total assets and total liabilities are ₹3.0B and ₹1.5B respectively. Talbros Engineering's EBIT is ₹347.5M making its interest coverage ratio 4.9. It has cash and short-term investments of ₹3.1M.
Key information
74.2%
Debt to equity ratio
₹1.08b
Debt
| Interest coverage ratio | 4.9x |
| Cash | ₹3.11m |
| Equity | ₹1.45b |
| Total liabilities | ₹1.54b |
| Total assets | ₹2.99b |
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 (₹963.4M).
Long Term Liabilities: 538987's short term assets (₹1.3B) exceed its long term liabilities (₹578.3M).
Debt to Equity History and Analysis
Debt Level: 538987's net debt to equity ratio (74%) is considered high.
Reducing Debt: 538987's debt to equity ratio has reduced from 148.6% to 74.2% over the past 5 years.
Debt Coverage: 538987's debt is well covered by operating cash flow (30.2%).
Interest Coverage: 538987's interest payments on its debt are well covered by EBIT (4.9x coverage).