Transformers and Rectifiers (India) Balance Sheet Health
Financial Health criteria checks 5/6
Transformers and Rectifiers (India) has a total shareholder equity of ₹11.1B and total debt of ₹2.4B, which brings its debt-to-equity ratio to 21.9%. Its total assets and total liabilities are ₹17.6B and ₹6.4B respectively. Transformers and Rectifiers (India)'s EBIT is ₹2.0B making its interest coverage ratio 6.2. It has cash and short-term investments of ₹3.9B.
Key information
21.9%
Debt to equity ratio
₹2.44b
Debt
| Interest coverage ratio | 6.2x |
| Cash | ₹3.92b |
| Equity | ₹11.13b |
| Total liabilities | ₹6.42b |
| Total assets | ₹17.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532928's short term assets (₹15.2B) exceed its short term liabilities (₹6.1B).
Long Term Liabilities: 532928's short term assets (₹15.2B) exceed its long term liabilities (₹312.1M).
Debt to Equity History and Analysis
Debt Level: 532928 has more cash than its total debt.
Reducing Debt: 532928's debt to equity ratio has reduced from 75.6% to 21.9% over the past 5 years.
Debt Coverage: 532928's debt is not well covered by operating cash flow (2.6%).
Interest Coverage: 532928's interest payments on its debt are well covered by EBIT (6.2x coverage).