Tega Industries Balance Sheet Health
Financial Health criteria checks 5/6
Tega Industries has a total shareholder equity of ₹10.8B and total debt of ₹3.4B, which brings its debt-to-equity ratio to 31.8%. Its total assets and total liabilities are ₹17.3B and ₹6.4B respectively. Tega Industries's EBIT is ₹2.3B making its interest coverage ratio 8.8. It has cash and short-term investments of ₹3.2B.
Key information
31.8%
Debt to equity ratio
₹3.44b
Debt
Interest coverage ratio | 8.8x |
Cash | ₹3.22b |
Equity | ₹10.83b |
Total liabilities | ₹6.45b |
Total assets | ₹17.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543413's short term assets (₹10.7B) exceed its short term liabilities (₹4.5B).
Long Term Liabilities: 543413's short term assets (₹10.7B) exceed its long term liabilities (₹1.9B).
Debt to Equity History and Analysis
Debt Level: 543413's net debt to equity ratio (2.1%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 543413's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543413's debt is well covered by operating cash flow (71.4%).
Interest Coverage: 543413's interest payments on its debt are well covered by EBIT (8.8x coverage).