Tamilnad Mercantile Bank Balance Sheet Health
Financial Health criteria checks 5/6
Tamilnad Mercantile Bank has total assets of ₹633.4B and total equity of ₹84.3B. Total deposits are ₹493.4B, and total loans are ₹421.6B earning a Net Interest Margin of 4.1%. It has insufficient allowance for bad loans, which are currently at 1.4% of total loans. Cash and short-term investments are ₹31.5B.
Key information
7.5x
Asset to equity ratio
4.1%
Net interest margin
| Total deposits | ₹493.42b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 1.4% |
| Allowance for bad loans | n/a |
| Current ratio | Low |
| Cash & equivalents | ₹31.47b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: 543596's Assets to Equity ratio (7.5x) is low.
Allowance for Bad Loans: Insufficient data to determine if 543596 has a sufficient allowance for bad loans.
Low Risk Liabilities: 90% of 543596's liabilities are made up of primarily low risk sources of funding.
Loan Level: 543596 has an appropriate level of Loans to Assets ratio (67%).
Low Risk Deposits: 543596's Loans to Deposits ratio (85%) is appropriate.
Level of Bad Loans: 543596 has an appropriate level of bad loans (1.4%).