Timken India Balance Sheet Health
Financial Health criteria checks 6/6
Timken India has a total shareholder equity of ₹24.2B and total debt of ₹60.4M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ₹29.9B and ₹5.7B respectively. Timken India's EBIT is ₹4.9B making its interest coverage ratio -17.8. It has cash and short-term investments of ₹4.9B.
Key information
0.3%
Debt to equity ratio
₹60.43m
Debt
Interest coverage ratio | -17.8x |
Cash | ₹4.89b |
Equity | ₹24.17b |
Total liabilities | ₹5.70b |
Total assets | ₹29.88b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 522113's short term assets (₹18.5B) exceed its short term liabilities (₹4.7B).
Long Term Liabilities: 522113's short term assets (₹18.5B) exceed its long term liabilities (₹971.2M).
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 1.7% to 0.3% over the past 5 years.
Debt Coverage: 522113's debt is well covered by operating cash flow (5625%).
Interest Coverage: 522113 earns more interest than it pays, so coverage of interest payments is not a concern.