Tube Investments of India Balance Sheet Health
Financial Health criteria checks 6/6
Tube Investments of India has a total shareholder equity of ₹57.8B and total debt of ₹20.2B, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are ₹122.8B and ₹65.1B respectively. Tube Investments of India's EBIT is ₹15.4B making its interest coverage ratio 199.8. It has cash and short-term investments of ₹24.3B.
Key information
35.0%
Debt to equity ratio
₹20.23b
Debt
| Interest coverage ratio | 199.8x |
| Cash | ₹24.25b |
| Equity | ₹57.79b |
| Total liabilities | ₹65.05b |
| Total assets | ₹122.84b |
Recent financial health updates
Is Tube Investments of India (NSE:TIINDIA) Using Too Much Debt?
Feb 01
Tube Investments of India (NSE:TIINDIA) Seems To Use Debt Rather Sparingly
Sep 28Does Tube Investments of India (NSE:TIINDIA) Have A Healthy Balance Sheet?
Jun 21Does Tube Investments of India (NSE:TIINDIA) Have A Healthy Balance Sheet?
Mar 06Tube Investments of India (NSE:TIINDIA) Has A Rock Solid Balance Sheet
Nov 18Is Tube Investments of India (NSE:TIINDIA) Using Too Much Debt?
Jul 22Recent updates
Revenues Not Telling The Story For Tube Investments of India Limited (NSE:TIINDIA)
Apr 18Is Tube Investments of India (NSE:TIINDIA) Using Too Much Debt?
Feb 01Tube Investments of India (NSE:TIINDIA) Is Very Good At Capital Allocation
Jan 10Tube Investments of India Limited's (NSE:TIINDIA) Share Price Not Quite Adding Up
Dec 20Tube Investments of India (NSE:TIINDIA) Seems To Use Debt Rather Sparingly
Sep 28Is Now The Time To Put Tube Investments of India (NSE:TIINDIA) On Your Watchlist?
Jul 30Does Tube Investments of India (NSE:TIINDIA) Have A Healthy Balance Sheet?
Jun 21The Trend Of High Returns At Tube Investments of India (NSE:TIINDIA) Has Us Very Interested
May 10Here's Why We Think Tube Investments of India (NSE:TIINDIA) Might Deserve Your Attention Today
Apr 18Does Tube Investments of India (NSE:TIINDIA) Have A Healthy Balance Sheet?
Mar 06Investors Should Be Encouraged By Tube Investments of India's (NSE:TIINDIA) Returns On Capital
Feb 07Do Tube Investments of India's (NSE:TIINDIA) Earnings Warrant Your Attention?
Jan 11Is Now The Time To Look At Buying Tube Investments of India Limited (NSE:TIINDIA)?
Nov 30Tube Investments of India (NSE:TIINDIA) Has A Rock Solid Balance Sheet
Nov 18Under The Bonnet, Tube Investments of India's (NSE:TIINDIA) Returns Look Impressive
Nov 04Here's Why We Think Tube Investments of India (NSE:TIINDIA) Might Deserve Your Attention Today
Oct 04At ₹2,239, Is It Time To Put Tube Investments of India Limited (NSE:TIINDIA) On Your Watch List?
Aug 15Investors Shouldn't Overlook Tube Investments of India's (NSE:TIINDIA) Impressive Returns On Capital
Aug 03Is Tube Investments of India (NSE:TIINDIA) Using Too Much Debt?
Jul 22Here's Why Tube Investments of India (NSE:TIINDIA) Has Caught The Eye Of Investors
Jun 27Calculating The Fair Value Of Tube Investments of India Limited (NSE:TIINDIA)
May 23What Does Tube Investments of India Limited's (NSE:TIINDIA) Share Price Indicate?
Apr 28Here's What Tube Investments of India's (NSE:TIINDIA) Strong Returns On Capital Mean
Apr 11We Think Tube Investments of India (NSE:TIINDIA) Can Stay On Top Of Its Debt
Mar 29If You Like EPS Growth Then Check Out Tube Investments of India (NSE:TIINDIA) Before It's Too Late
Feb 23Tube Investments of India's (NSE:TIINDIA) Dividend Will Be ₹2.00
Feb 09Is Now The Time To Look At Buying Tube Investments of India Limited (NSE:TIINDIA)?
Dec 22We Think Tube Investments of India (NSE:TIINDIA) Can Manage Its Debt With Ease
Dec 10Tube Investments of India (NSE:TIINDIA) Shareholders Will Want The ROCE Trajectory To Continue
Nov 17Tube Investments of India (NSE:TIINDIA) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Nov 03I Ran A Stock Scan For Earnings Growth And Tube Investments of India (NSE:TIINDIA) Passed With Ease
Oct 12Is It Time To Consider Buying Tube Investments of India Limited (NSE:TIINDIA)?
Sep 10Analysts Just Made A Notable Upgrade To Their Tube Investments of India Limited (NSE:TIINDIA) Forecasts
Aug 18S. Suresh Is The Company Secretary & Compliance Officer of Tube Investments of India Limited (NSE:TIINDIA) And They Just Sold 100% Of Their Shares
Feb 21New Forecasts: Here's What Analysts Think The Future Holds For Tube Investments of India Limited (NSE:TIINDIA)
Feb 18Our View On Tube Investments of India's (NSE:TIINDIA) CEO Pay
Feb 17Financial Position Analysis
Short Term Liabilities: TIINDIA's short term assets (₹72.8B) exceed its short term liabilities (₹49.8B).
Long Term Liabilities: TIINDIA's short term assets (₹72.8B) exceed its long term liabilities (₹15.3B).
Debt to Equity History and Analysis
Debt Level: TIINDIA has more cash than its total debt.
Reducing Debt: TIINDIA's debt to equity ratio has reduced from 55.9% to 35% over the past 5 years.
Debt Coverage: TIINDIA's debt is well covered by operating cash flow (53.7%).
Interest Coverage: TIINDIA's interest payments on its debt are well covered by EBIT (199.8x coverage).