Tube Investments of India Balance Sheet Health
Financial Health criteria checks 5/6
Tube Investments of India has a total shareholder equity of ₹73.1B and total debt of ₹28.2B, which brings its debt-to-equity ratio to 38.6%. Its total assets and total liabilities are ₹149.8B and ₹76.7B respectively. Tube Investments of India's EBIT is ₹15.1B making its interest coverage ratio -40.5. It has cash and short-term investments of ₹31.2B.
Key information
38.6%
Debt to equity ratio
₹28.20b
Debt
| Interest coverage ratio | -40.5x |
| Cash | ₹31.22b |
| Equity | ₹73.07b |
| Total liabilities | ₹76.71b |
| Total assets | ₹149.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540762's short term assets (₹91.5B) exceed its short term liabilities (₹49.7B).
Long Term Liabilities: 540762's short term assets (₹91.5B) exceed its long term liabilities (₹27.1B).
Debt to Equity History and Analysis
Debt Level: 540762 has more cash than its total debt.
Reducing Debt: 540762's debt to equity ratio has increased from 28.2% to 38.6% over the past 5 years.
Debt Coverage: 540762's debt is well covered by operating cash flow (20.3%).
Interest Coverage: 540762 earns more interest than it pays, so coverage of interest payments is not a concern.