This company listing is no longer active
TVS Holdings Balance Sheet Health
Financial Health criteria checks 2/6
TVS Holdings has a total shareholder equity of ₹69.9B and total debt of ₹226.1B, which brings its debt-to-equity ratio to 323.4%. Its total assets and total liabilities are ₹447.3B and ₹377.4B respectively. TVS Holdings's EBIT is ₹48.4B making its interest coverage ratio 2.4. It has cash and short-term investments of ₹53.2B.
Key information
323.4%
Debt to equity ratio
₹226.11b
Debt
Interest coverage ratio | 2.4x |
Cash | ₹53.22b |
Equity | ₹69.92b |
Total liabilities | ₹377.35b |
Total assets | ₹447.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: P1TVSHLTD's short term assets (₹370.9B) exceed its short term liabilities (₹92.4B).
Long Term Liabilities: P1TVSHLTD's short term assets (₹370.9B) exceed its long term liabilities (₹284.9B).
Debt to Equity History and Analysis
Debt Level: P1TVSHLTD's net debt to equity ratio (247.3%) is considered high.
Reducing Debt: P1TVSHLTD's debt to equity ratio has increased from 257% to 323.4% over the past 5 years.
Debt Coverage: P1TVSHLTD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: P1TVSHLTD's interest payments on its debt are not well covered by EBIT (2.4x coverage).