Tamboli Industries Balance Sheet Health
Financial Health criteria checks 5/6
Tamboli Industries has a total shareholder equity of ₹1.1B and total debt of ₹50.9M, which brings its debt-to-equity ratio to 4.6%. Its total assets and total liabilities are ₹1.3B and ₹162.0M respectively. Tamboli Industries's EBIT is ₹87.6M making its interest coverage ratio 23.2. It has cash and short-term investments of ₹197.1M.
Key information
4.6%
Debt to equity ratio
₹50.91m
Debt
| Interest coverage ratio | 23.2x |
| Cash | ₹197.13m |
| Equity | ₹1.12b |
| Total liabilities | ₹162.05m |
| Total assets | ₹1.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533170's short term assets (₹545.8M) exceed its short term liabilities (₹126.8M).
Long Term Liabilities: 533170's short term assets (₹545.8M) exceed its long term liabilities (₹35.2M).
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 increased from 2.3% to 4.6% over the past 5 years.
Debt Coverage: 533170's debt is well covered by operating cash flow (104.5%).
Interest Coverage: 533170's interest payments on its debt are well covered by EBIT (23.2x coverage).