Trishakti Industries Balance Sheet Health
Financial Health criteria checks 4/6
Trishakti Industries has a total shareholder equity of ₹106.8M and total debt of ₹18.5M, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are ₹135.1M and ₹28.2M respectively. Trishakti Industries's EBIT is ₹6.5M making its interest coverage ratio 5.1. It has cash and short-term investments of ₹5.1M.
Key information
17.3%
Debt to equity ratio
₹18.45m
Debt
Interest coverage ratio | 5.1x |
Cash | ₹5.12m |
Equity | ₹106.83m |
Total liabilities | ₹28.25m |
Total assets | ₹135.07m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531279's short term assets (₹90.6M) exceed its short term liabilities (₹25.4M).
Long Term Liabilities: 531279's short term assets (₹90.6M) exceed its long term liabilities (₹2.8M).
Debt to Equity History and Analysis
Debt Level: 531279's net debt to equity ratio (12.5%) is considered satisfactory.
Reducing Debt: 531279's debt to equity ratio has increased from 0% to 17.3% 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 (5.1x coverage).