Tarmat Balance Sheet Health
Financial Health criteria checks 4/6
Tarmat has a total shareholder equity of ₹1.7B and total debt of ₹29.9M, which brings its debt-to-equity ratio to 1.8%. Its total assets and total liabilities are ₹2.3B and ₹638.2M respectively. Tarmat's EBIT is ₹13.6M making its interest coverage ratio 9.8. It has cash and short-term investments of ₹69.5M.
Key information
1.8%
Debt to equity ratio
₹29.94m
Debt
| Interest coverage ratio | 9.8x |
| Cash | ₹69.53m |
| Equity | ₹1.71b |
| Total liabilities | ₹638.22m |
| Total assets | ₹2.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532869's short term assets (₹2.0B) exceed its short term liabilities (₹629.8M).
Long Term Liabilities: 532869's short term assets (₹2.0B) exceed its long term liabilities (₹8.4M).
Debt to Equity History and Analysis
Debt Level: 532869 has more cash than its total debt.
Reducing Debt: 532869's debt to equity ratio has reduced from 273.7% to 1.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if 532869 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 532869 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.