Titan Intech Balance Sheet Health
Financial Health criteria checks 6/6
Titan Intech has a total shareholder equity of ₹462.5M and total debt of ₹24.0M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are ₹510.6M and ₹48.1M respectively. Titan Intech's EBIT is ₹63.0M making its interest coverage ratio 90.3. It has cash and short-term investments of ₹10.8M.
Key information
5.2%
Debt to equity ratio
₹24.05m
Debt
| Interest coverage ratio | 90.3x |
| Cash | ₹10.82m |
| Equity | ₹462.52m |
| Total liabilities | ₹48.06m |
| Total assets | ₹510.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 521005's short term assets (₹168.6M) exceed its short term liabilities (₹30.1M).
Long Term Liabilities: 521005's short term assets (₹168.6M) exceed its long term liabilities (₹17.9M).
Debt to Equity History and Analysis
Debt Level: 521005's net debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: 521005's debt to equity ratio has reduced from 46.4% to 5.2% over the past 5 years.
Debt Coverage: 521005's debt is well covered by operating cash flow (343.1%).
Interest Coverage: 521005's interest payments on its debt are well covered by EBIT (90.3x coverage).