Titan Intech Balance Sheet Health
Financial Health criteria checks 5/6
Titan Intech has a total shareholder equity of ₹745.4M and total debt of ₹25.5M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are ₹843.6M and ₹98.2M respectively. Titan Intech's EBIT is ₹59.0M making its interest coverage ratio 60. It has cash and short-term investments of ₹3.7M.
Key information
3.4%
Debt to equity ratio
₹25.52m
Debt
| Interest coverage ratio | 60x |
| Cash | ₹3.75m |
| Equity | ₹745.41m |
| Total liabilities | ₹98.22m |
| Total assets | ₹843.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 521005's short term assets (₹550.9M) exceed its short term liabilities (₹55.2M).
Long Term Liabilities: 521005's short term assets (₹550.9M) exceed its long term liabilities (₹43.0M).
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 56.2% to 3.4% over the past 5 years.
Debt Coverage: 521005's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 521005's interest payments on its debt are well covered by EBIT (60x coverage).