Tantia Constructions Balance Sheet Health
Financial Health criteria checks 2/6
Tantia Constructions has a total shareholder equity of ₹2.5B and total debt of ₹2.9B, which brings its debt-to-equity ratio to 117.4%. Its total assets and total liabilities are ₹7.1B and ₹4.6B respectively.
Key information
117.4%
Debt to equity ratio
₹2.92b
Debt
Interest coverage ratio | n/a |
Cash | ₹93.20m |
Equity | ₹2.49b |
Total liabilities | ₹4.65b |
Total assets | ₹7.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532738's short term assets (₹2.0B) do not cover its short term liabilities (₹4.6B).
Long Term Liabilities: 532738's short term assets (₹2.0B) exceed its long term liabilities (₹60.6M).
Debt to Equity History and Analysis
Debt Level: 532738's net debt to equity ratio (113.7%) is considered high.
Reducing Debt: 532738 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 532738's debt is not well covered by operating cash flow (7.3%).
Interest Coverage: Insufficient data to determine if 532738's interest payments on its debt are well covered by EBIT.