Tamboli Industries Balance Sheet Health
Financial Health criteria checks 6/6
Tamboli Industries has a total shareholder equity of ₹1.1B and total debt of ₹17.7M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are ₹1.2B and ₹161.4M respectively. Tamboli Industries's EBIT is ₹94.1M making its interest coverage ratio 27.9. It has cash and short-term investments of ₹54.8M.
Key information
1.7%
Debt to equity ratio
₹17.68m
Debt
Interest coverage ratio | 27.9x |
Cash | ₹54.82m |
Equity | ₹1.06b |
Total liabilities | ₹161.42m |
Total assets | ₹1.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533170's short term assets (₹482.6M) exceed its short term liabilities (₹147.9M).
Long Term Liabilities: 533170's short term assets (₹482.6M) exceed its long term liabilities (₹13.5M).
Debt to Equity History and Analysis
Debt Level: 533170 has more cash than its total debt.
Reducing Debt: 533170's debt to equity ratio has reduced from 4.7% to 1.7% over the past 5 years.
Debt Coverage: 533170's debt is well covered by operating cash flow (395.3%).
Interest Coverage: 533170's interest payments on its debt are well covered by EBIT (27.9x coverage).