Taylormade Renewables Balance Sheet Health
Financial Health criteria checks 5/6
Taylormade Renewables has a total shareholder equity of ₹484.5M and total debt of ₹47.3M, which brings its debt-to-equity ratio to 9.8%. Its total assets and total liabilities are ₹729.9M and ₹245.4M respectively. Taylormade Renewables's EBIT is ₹123.7M making its interest coverage ratio 27.7. It has cash and short-term investments of ₹4.2M.
Key information
9.8%
Debt to equity ratio
₹47.32m
Debt
Interest coverage ratio | 27.7x |
Cash | ₹4.16m |
Equity | ₹484.47m |
Total liabilities | ₹245.43m |
Total assets | ₹729.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541228's short term assets (₹669.6M) exceed its short term liabilities (₹236.3M).
Long Term Liabilities: 541228's short term assets (₹669.6M) exceed its long term liabilities (₹9.1M).
Debt to Equity History and Analysis
Debt Level: 541228's net debt to equity ratio (8.9%) is considered satisfactory.
Reducing Debt: 541228's debt to equity ratio has increased from 0.05% to 9.8% over the past 5 years.
Debt Coverage: 541228's debt is well covered by operating cash flow (43.6%).
Interest Coverage: 541228's interest payments on its debt are well covered by EBIT (27.7x coverage).