Tara Chand Logistic Solutions Balance Sheet Health
Financial Health criteria checks 4/6
Tara Chand Logistic Solutions has a total shareholder equity of ₹948.9M and total debt of ₹852.3M, which brings its debt-to-equity ratio to 89.8%. Its total assets and total liabilities are ₹2.6B and ₹1.6B respectively. Tara Chand Logistic Solutions's EBIT is ₹275.2M making its interest coverage ratio 3.7. It has cash and short-term investments of ₹2.0M.
Key information
89.8%
Debt to equity ratio
₹852.31m
Debt
Interest coverage ratio | 3.7x |
Cash | ₹2.04m |
Equity | ₹948.94m |
Total liabilities | ₹1.62b |
Total assets | ₹2.57b |
Recent financial health updates
Here's Why Tara Chand Logistic Solutions (NSE:TARACHAND) Can Manage Its Debt Responsibly
Jun 14Does Tara Chand Logistic Solutions (NSE:TARACHAND) Have A Healthy Balance Sheet?
Dec 26Here'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
It's Down 26% But Tara Chand Logistic Solutions Limited (NSE:TARACHAND) Could Be Riskier Than It Looks
Aug 07Here's Why We Think Tara Chand Logistic Solutions (NSE:TARACHAND) Is Well Worth Watching
Jul 30Here's Why Tara Chand Logistic Solutions (NSE:TARACHAND) Can Manage Its Debt Responsibly
Jun 14Returns 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 12Who 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 (₹622.2M) exceed its short term liabilities (₹504.9M).
Long Term Liabilities: TARACHAND's short term assets (₹622.2M) do not cover its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: TARACHAND's net debt to equity ratio (89.6%) is considered high.
Reducing Debt: TARACHAND's debt to equity ratio has reduced from 112.4% to 89.8% over the past 5 years.
Debt Coverage: TARACHAND's debt is well covered by operating cash flow (61.1%).
Interest Coverage: TARACHAND's interest payments on its debt are well covered by EBIT (3.7x coverage).