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
Recent updates
Tube Investments of India (NSE:TIINDIA) Could Be Struggling To Allocate Capital
Dec 11
Tube Investments of India Limited (NSE:TIINDIA) Shares May Have Slumped 25% But Getting In Cheap Is Still Unlikely
Nov 23Tube Investments of India's (NSE:TIINDIA) Returns On Capital Not Reflecting Well On The Business
Aug 25Tube Investments of India Limited's (NSE:TIINDIA) Business Is Trailing The Industry But Its Shares Aren't
Aug 02Capital Investment Trends At Tube Investments of India (NSE:TIINDIA) Look Strong
May 09Revenues 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 10Financial Position Analysis
Short Term Liabilities: TIINDIA's short term assets (₹91.5B) exceed its short term liabilities (₹49.7B).
Long Term Liabilities: TIINDIA's short term assets (₹91.5B) exceed its long term liabilities (₹27.1B).
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 increased from 28.2% to 38.6% over the past 5 years.
Debt Coverage: TIINDIA's debt is well covered by operating cash flow (20.3%).
Interest Coverage: TIINDIA earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/04 20:25 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tube Investments of India Limited is covered by 10 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gnanasundaram Saminathan | Avendus Spark |
| Vijayaraghavan Swaminathan | Avendus Spark |
| Nishit Jalan | Axis Capital Limited |