Triveni Turbine Balance Sheet Health
Financial Health criteria checks 5/6
Triveni Turbine has a total shareholder equity of ₹8.9B and total debt of ₹33.5M, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are ₹15.9B and ₹7.0B respectively. Triveni Turbine's EBIT is ₹2.7B making its interest coverage ratio -19. It has cash and short-term investments of ₹8.2B.
Key information
0.4%
Debt to equity ratio
₹33.50m
Debt
Interest coverage ratio | -19x |
Cash | ₹8.21b |
Equity | ₹8.88b |
Total liabilities | ₹7.04b |
Total assets | ₹15.93b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533655's short term assets (₹12.8B) exceed its short term liabilities (₹6.9B).
Long Term Liabilities: 533655's short term assets (₹12.8B) exceed its long term liabilities (₹175.3M).
Debt to Equity History and Analysis
Debt Level: 533655 has more cash than its total debt.
Reducing Debt: 533655's debt to equity ratio has increased from 0% to 0.4% over the past 5 years.
Debt Coverage: 533655's debt is well covered by operating cash flow (8035.6%).
Interest Coverage: 533655 earns more interest than it pays, so coverage of interest payments is not a concern.