Trishakti Industries Balance Sheet Health
Financial Health criteria checks 2/6
Trishakti Industries has a total shareholder equity of ₹133.3M and total debt of ₹154.0M, which brings its debt-to-equity ratio to 115.6%. Its total assets and total liabilities are ₹303.6M and ₹170.3M respectively. Trishakti Industries's EBIT is ₹42.9M making its interest coverage ratio 7.6. It has cash and short-term investments of ₹4.3M.
Key information
115.6%
Debt to equity ratio
₹154.01m
Debt
| Interest coverage ratio | 7.6x |
| Cash | ₹4.26m |
| Equity | ₹133.27m |
| Total liabilities | ₹170.33m |
| Total assets | ₹303.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531279's short term assets (₹138.3M) do not cover its short term liabilities (₹166.5M).
Long Term Liabilities: 531279's short term assets (₹138.3M) exceed its long term liabilities (₹3.9M).
Debt to Equity History and Analysis
Debt Level: 531279's net debt to equity ratio (112.4%) is considered high.
Reducing Debt: 531279's debt to equity ratio has increased from 3.4% to 115.6% over the past 5 years.
Debt Coverage: 531279's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531279's interest payments on its debt are well covered by EBIT (7.6x coverage).