Tarmat Balance Sheet Health
Financial Health criteria checks 6/6
Tarmat has a total shareholder equity of ₹1.3B and total debt of ₹58.7M, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are ₹2.3B and ₹943.3M respectively. Tarmat's EBIT is ₹16.4M making its interest coverage ratio -0.5. It has cash and short-term investments of ₹37.8M.
Key information
4.5%
Debt to equity ratio
₹58.70m
Debt
| Interest coverage ratio | -0.5x |
| Cash | ₹37.83m |
| Equity | ₹1.32b |
| Total liabilities | ₹943.25m |
| Total assets | ₹2.26b |
Recent financial health updates
Here's Why Tarmat (NSE:TARMAT) Has A Meaningful Debt Burden
Feb 22
Tarmat (NSE:TARMAT) Has A Somewhat Strained Balance Sheet
Jul 18Tarmat (NSE:TARMAT) Has A Somewhat Strained Balance Sheet
Dec 29Tarmat (NSE:TARMAT) Seems To Be Using A Lot Of Debt
Sep 21
Recent updates
Revenues Not Telling The Story For Tarmat Limited (NSE:TARMAT) After Shares Rise 30%
Mar 22Tarmat's (NSE:TARMAT) Returns On Capital Are Heading Higher
Feb 26What Tarmat Limited's (NSE:TARMAT) 27% Share Price Gain Is Not Telling You
Jan 22There's Been No Shortage Of Growth Recently For Tarmat's (NSE:TARMAT) Returns On Capital
Aug 26Estimating The Intrinsic Value Of Tarmat Limited (NSE:TARMAT)
Mar 18Tarmat's (NSE:TARMAT) Returns On Capital Are Heading Higher
Dec 27Tarmat (NSE:TARMAT) Is Doing The Right Things To Multiply Its Share Price
Sep 27Estimating The Intrinsic Value Of Tarmat Limited (NSE:TARMAT)
Jul 19Tarmat (NSE:TARMAT) Shareholders Will Want The ROCE Trajectory To Continue
Jun 17Calculating The Intrinsic Value Of Tarmat Limited (NSE:TARMAT)
Mar 30Here's Why Tarmat (NSE:TARMAT) Has A Meaningful Debt Burden
Feb 22Estimating The Intrinsic Value Of Tarmat Limited (NSE:TARMAT)
Dec 03Tarmat (NSE:TARMAT) Is Looking To Continue Growing Its Returns On Capital
Aug 13Tarmat (NSE:TARMAT) Has A Somewhat Strained Balance Sheet
Jul 18Calculating The Intrinsic Value Of Tarmat Limited (NSE:TARMAT)
Jun 03Tarmat (NSE:TARMAT) Might Have The Makings Of A Multi-Bagger
May 13Here's Why We Think Tarmat (NSE:TARMAT) Is Well Worth Watching
Mar 07Estimating The Fair Value Of Tarmat Limited (NSE:TARMAT)
Feb 15Will Tarmat's (NSE:TARMAT) Growth In ROCE Persist?
Jan 25Tarmat (NSE:TARMAT) Has A Somewhat Strained Balance Sheet
Dec 29Have Insiders Sold Tarmat Limited (NSE:TARMAT) Shares Recently?
Dec 03Tarmat Limited (NSE:TARMAT) Delivered A Better ROE Than Its Industry
Nov 25Does Tarmat (NSE:TARMAT) Deserve A Spot On Your Watchlist?
Oct 29Have Insiders Sold Tarmat Limited (NSE:TARMAT) Shares Recently?
Sep 24Tarmat (NSE:TARMAT) Seems To Be Using A Lot Of Debt
Sep 21Should You Be Impressed By Tarmat Limited's (NSE:TARMAT) ROE?
Aug 26Tarmat Limited (NSE:TARMAT) Not Lagging Market On Growth Or Pricing
Jul 28Tarmat Limited (NSE:TARMAT) P/E Isn't Throwing Up Surprises
Jul 13Financial Position Analysis
Short Term Liabilities: TARMAT's short term assets (₹1.9B) exceed its short term liabilities (₹931.4M).
Long Term Liabilities: TARMAT's short term assets (₹1.9B) exceed its long term liabilities (₹11.9M).
Debt to Equity History and Analysis
Debt Level: TARMAT's net debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: TARMAT's debt to equity ratio has reduced from 275.2% to 4.5% over the past 5 years.
Debt Coverage: TARMAT's debt is well covered by operating cash flow (77.1%).
Interest Coverage: TARMAT earns more interest than it pays, so coverage of interest payments is not a concern.