TAAL Enterprises Balance Sheet Health
Financial Health criteria checks 5/6
TAAL Enterprises has a total shareholder equity of ₹1.4B and total debt of ₹83.3M, which brings its debt-to-equity ratio to 5.8%. Its total assets and total liabilities are ₹1.7B and ₹286.2M respectively. TAAL Enterprises's EBIT is ₹375.9M making its interest coverage ratio -17.8. It has cash and short-term investments of ₹983.2M.
Key information
5.8%
Debt to equity ratio
₹83.26m
Debt
| Interest coverage ratio | -17.8x |
| Cash | ₹983.21m |
| Equity | ₹1.45b |
| Total liabilities | ₹286.23m |
| Total assets | ₹1.73b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539956's short term assets (₹1.5B) exceed its short term liabilities (₹232.7M).
Long Term Liabilities: 539956's short term assets (₹1.5B) exceed its long term liabilities (₹53.6M).
Debt to Equity History and Analysis
Debt Level: 539956 has more cash than its total debt.
Reducing Debt: 539956's debt to equity ratio has increased from 1% to 5.8% over the past 5 years.
Debt Coverage: 539956's debt is well covered by operating cash flow (370.8%).
Interest Coverage: 539956 earns more interest than it pays, so coverage of interest payments is not a concern.