Techno Electric & Engineering Balance Sheet Health
Financial Health criteria checks 6/6
Techno Electric & Engineering has a total shareholder equity of ₹35.0B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹45.4B and ₹10.4B respectively. Techno Electric & Engineering's EBIT is ₹2.3B making its interest coverage ratio -2.8. It has cash and short-term investments of ₹28.2B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -2.8x |
| Cash | ₹28.23b |
| Equity | ₹35.02b |
| Total liabilities | ₹10.39b |
| Total assets | ₹45.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542141's short term assets (₹40.0B) exceed its short term liabilities (₹7.1B).
Long Term Liabilities: 542141's short term assets (₹40.0B) exceed its long term liabilities (₹3.3B).
Debt to Equity History and Analysis
Debt Level: 542141 is debt free.
Reducing Debt: 542141 has no debt compared to 5 years ago when its debt to equity ratio was 2%.
Debt Coverage: 542141 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 542141 has no debt, therefore coverage of interest payments is not a concern.