Tara Chand Logistic Solutions Balance Sheet Health
Financial Health criteria checks 3/6
Tara Chand Logistic Solutions has a total shareholder equity of ₹796.8M and total debt of ₹891.7M, which brings its debt-to-equity ratio to 111.9%. Its total assets and total liabilities are ₹2.3B and ₹1.6B respectively. Tara Chand Logistic Solutions's EBIT is ₹194.7M making its interest coverage ratio 3. It has cash and short-term investments of ₹59.9M.
Key information
111.9%
Debt to equity ratio
₹891.72m
Debt
| Interest coverage ratio | 3x |
| Cash | ₹59.90m |
| Equity | ₹796.77m |
| Total liabilities | ₹1.55b |
| Total assets | ₹2.35b |
Recent financial health updates
Does Tara Chand Logistic Solutions (NSE:TARACHAND) Have A Healthy Balance Sheet?
Dec 26
Here's Why Tara Chand Logistic Solutions (NSE:TARACHAND) Is Weighed Down By Its Debt Load
Sep 12These 4 Measures Indicate That Tara Chand Logistic Solutions (NSE:TARACHAND) Is Using Debt In A Risky Way
May 30Is Tara Chand Logistic Solutions (NSE:TARACHAND) A Risky Investment?
May 13Recent updates
Returns On Capital At Tara Chand Logistic Solutions (NSE:TARACHAND) Have Hit The Brakes
May 03Even With A 36% Surge, Cautious Investors Are Not Rewarding Tara Chand Logistic Solutions Limited's (NSE:TARACHAND) Performance Completely
Apr 09A Look At The Intrinsic Value Of Tara Chand Logistic Solutions Limited (NSE:TARACHAND)
Mar 14Should You Be Adding Tara Chand Logistic Solutions (NSE:TARACHAND) To Your Watchlist Today?
Nov 28Calculating The Intrinsic Value Of Tara Chand Logistic Solutions Limited (NSE:TARACHAND)
Nov 01Tara Chand Logistic Solutions (NSE:TARACHAND) Has Some Way To Go To Become A Multi-Bagger
Oct 10Returns At Tara Chand Logistic Solutions (NSE:TARACHAND) Appear To Be Weighed Down
Feb 07Does Tara Chand Logistic Solutions (NSE:TARACHAND) Have A Healthy Balance Sheet?
Dec 26Some Investors May Be Worried About Tara Chand Logistic Solutions' (NSE:TARACHAND) Returns On Capital
Oct 29Here's Why Tara Chand Logistic Solutions (NSE:TARACHAND) Is Weighed Down By Its Debt Load
Sep 12Investors Could Be Concerned With Tara Chand Logistic Solutions' (NSE:TARACHAND) Returns On Capital
Jul 07These 4 Measures Indicate That Tara Chand Logistic Solutions (NSE:TARACHAND) Is Using Debt In A Risky Way
May 30Tara Chand Logistic Solutions (NSE:TARACHAND) Will Want To Turn Around Its Return Trends
Feb 09Some Investors May Be Worried About Tara Chand Logistic Solutions' (NSE:TARACHAND) Returns On Capital
Jun 03Is Tara Chand Logistic Solutions (NSE:TARACHAND) A Risky Investment?
May 13Should We Be Excited About The Trends Of Returns At Tara Chand Logistic Solutions (NSE:TARACHAND)?
Feb 12
Who Has Been Buying Tara Chand Logistic Solutions Limited (NSE:TARACHAND) Shares?
Dec 29Here's How We Evaluate Tara Chand Logistic Solutions Limited's (NSE:TARACHAND) Dividend
Nov 24Financial Position Analysis
Short Term Liabilities: TARACHAND's short term assets (₹685.1M) exceed its short term liabilities (₹507.4M).
Long Term Liabilities: TARACHAND's short term assets (₹685.1M) do not cover its long term liabilities (₹1.0B).
Debt to Equity History and Analysis
Debt Level: TARACHAND's net debt to equity ratio (104.4%) is considered high.
Reducing Debt: TARACHAND's debt to equity ratio has reduced from 119.2% to 111.9% over the past 5 years.
Debt Coverage: TARACHAND's debt is well covered by operating cash flow (58.4%).
Interest Coverage: TARACHAND's interest payments on its debt are not well covered by EBIT (3x coverage).