Taparia Tools Balance Sheet Health
Financial Health criteria checks 6/6
Taparia Tools has a total shareholder equity of ₹3.5B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹4.4B and ₹966.1M respectively. Taparia Tools's EBIT is ₹1.5B making its interest coverage ratio 888.8. It has cash and short-term investments of ₹1.6B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 888.8x |
| Cash | ₹1.57b |
| Equity | ₹3.47b |
| Total liabilities | ₹966.06m |
| Total assets | ₹4.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505685's short term assets (₹4.0B) exceed its short term liabilities (₹921.5M).
Long Term Liabilities: 505685's short term assets (₹4.0B) exceed its long term liabilities (₹44.6M).
Debt to Equity History and Analysis
Debt Level: 505685 is debt free.
Reducing Debt: 505685 has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.
Debt Coverage: 505685 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 505685 has no debt, therefore coverage of interest payments is not a concern.