Tirupati Tyres Balance Sheet Health
Financial Health criteria checks 6/6
Tirupati Tyres has a total shareholder equity of ₹541.6M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹543.1M and ₹1.5M respectively. Tirupati Tyres's EBIT is ₹2.7M making its interest coverage ratio 888. It has cash and short-term investments of ₹1.3M.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | 888x |
Cash | ₹1.30m |
Equity | ₹541.59m |
Total liabilities | ₹1.51m |
Total assets | ₹543.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539040's short term assets (₹543.1M) exceed its short term liabilities (₹1.5M).
Long Term Liabilities: 539040 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 539040 is debt free.
Reducing Debt: 539040 has no debt compared to 5 years ago when its debt to equity ratio was 10.9%.
Debt Coverage: 539040 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 539040 has no debt, therefore coverage of interest payments is not a concern.