Timken India Balance Sheet Health
Financial Health criteria checks 6/6
Timken India has a total shareholder equity of ₹22.1B and total debt of ₹115.8M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are ₹27.0B and ₹4.9B respectively. Timken India's EBIT is ₹4.4B making its interest coverage ratio -45.2. It has cash and short-term investments of ₹4.8B.
Key information
0.5%
Debt to equity ratio
₹115.79m
Debt
Interest coverage ratio | -45.2x |
Cash | ₹4.84b |
Equity | ₹22.08b |
Total liabilities | ₹4.93b |
Total assets | ₹27.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 522113's short term assets (₹16.5B) exceed its short term liabilities (₹4.0B).
Long Term Liabilities: 522113's short term assets (₹16.5B) exceed its long term liabilities (₹908.0M).
Debt to Equity History and Analysis
Debt Level: 522113 has more cash than its total debt.
Reducing Debt: 522113's debt to equity ratio has reduced from 1.4% to 0.5% over the past 5 years.
Debt Coverage: 522113's debt is well covered by operating cash flow (3648.7%).
Interest Coverage: 522113 earns more interest than it pays, so coverage of interest payments is not a concern.