Titagarh Rail Systems Balance Sheet Health
Financial Health criteria checks 5/6
Titagarh Rail Systems has a total shareholder equity of ₹23.5B and total debt of ₹4.0B, which brings its debt-to-equity ratio to 16.8%. Its total assets and total liabilities are ₹35.6B and ₹12.1B respectively. Titagarh Rail Systems's EBIT is ₹4.4B making its interest coverage ratio 16.6. It has cash and short-term investments of ₹5.7B.
Key information
16.8%
Debt to equity ratio
₹3.97b
Debt
| Interest coverage ratio | 16.6x |
| Cash | ₹5.71b |
| Equity | ₹23.54b |
| Total liabilities | ₹12.07b |
| Total assets | ₹35.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532966's short term assets (₹22.3B) exceed its short term liabilities (₹9.6B).
Long Term Liabilities: 532966's short term assets (₹22.3B) exceed its long term liabilities (₹2.5B).
Debt to Equity History and Analysis
Debt Level: 532966 has more cash than its total debt.
Reducing Debt: 532966's debt to equity ratio has reduced from 96.7% to 16.8% over the past 5 years.
Debt Coverage: 532966's debt is not well covered by operating cash flow (0.6%).
Interest Coverage: 532966's interest payments on its debt are well covered by EBIT (16.6x coverage).