Tirupati Tyres Limited

BSE:539040 Stock Report

Market Cap: ₹310.4m

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 ratio888x
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.


Balance Sheet


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