Tunwal E-Motors Balance Sheet Health
Financial Health criteria checks 3/6
Tunwal E-Motors has a total shareholder equity of ₹205.3M and total debt of ₹205.2M, which brings its debt-to-equity ratio to 99.9%. Its total assets and total liabilities are ₹758.3M and ₹553.0M respectively. Tunwal E-Motors's EBIT is ₹171.2M making its interest coverage ratio 9.9. It has cash and short-term investments of ₹26.5M.
Key information
99.9%
Debt to equity ratio
₹205.19m
Debt
| Interest coverage ratio | 9.9x |
| Cash | ₹26.47m |
| Equity | ₹205.31m |
| Total liabilities | ₹552.99m |
| Total assets | ₹758.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TUNWAL's short term assets (₹642.4M) exceed its short term liabilities (₹457.7M).
Long Term Liabilities: TUNWAL's short term assets (₹642.4M) exceed its long term liabilities (₹95.3M).
Debt to Equity History and Analysis
Debt Level: TUNWAL's net debt to equity ratio (87.1%) is considered high.
Reducing Debt: Insufficient data to determine if TUNWAL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TUNWAL's debt is not well covered by operating cash flow (0.9%).
Interest Coverage: TUNWAL's interest payments on its debt are well covered by EBIT (9.9x coverage).