Tolins Tyres Balance Sheet Health

Financial Health criteria checks 3/6

Tolins Tyres has a total shareholder equity of ₹1.0B and total debt of ₹787.7M, which brings its debt-to-equity ratio to 78.4%. Its total assets and total liabilities are ₹2.2B and ₹1.2B respectively. Tolins Tyres's EBIT is ₹501.2M making its interest coverage ratio 5.8. It has cash and short-term investments of ₹8.8M.

Key information

78.4%

Debt to equity ratio

₹787.72m

Debt

Interest coverage ratio5.8x
Cash₹8.81m
Equity₹1.01b
Total liabilities₹1.21b
Total assets₹2.22b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 544254's short term assets (₹1.6B) exceed its short term liabilities (₹1.1B).

Long Term Liabilities: 544254's short term assets (₹1.6B) exceed its long term liabilities (₹95.5M).


Debt to Equity History and Analysis

Debt Level: 544254's net debt to equity ratio (77.5%) is considered high.

Reducing Debt: Insufficient data to determine if 544254's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 544254's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 544254's interest payments on its debt are well covered by EBIT (5.8x coverage).


Balance Sheet


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