Tantia Constructions Balance Sheet Health
Financial Health criteria checks 2/6
Tantia Constructions has a total shareholder equity of ₹2.5B and total debt of ₹2.9B, which brings its debt-to-equity ratio to 117.4%. Its total assets and total liabilities are ₹7.1B and ₹4.6B respectively.
Key information
117.4%
Debt to equity ratio
₹2.92b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹93.20m |
| Equity | ₹2.49b |
| Total liabilities | ₹4.65b |
| Total assets | ₹7.13b |
Recent financial health updates
Would Tantia Constructions (NSE:TCLCONS) Be Better Off With Less Debt?
Mar 06
Is Tantia Constructions (NSE:TCLCONS) A Risky Investment?
Nov 19Is Tantia Constructions (NSE:TANTIACONS) A Risky Investment?
Jun 04Is Tantia Constructions (NSE:TANTIACONS) A Risky Investment?
Feb 18Recent updates
Would Tantia Constructions (NSE:TCLCONS) Be Better Off With Less Debt?
Mar 06Is Tantia Constructions (NSE:TCLCONS) A Risky Investment?
Nov 19Is Tantia Constructions (NSE:TANTIACONS) A Risky Investment?
Jun 04Is Tantia Constructions (NSE:TANTIACONS) A Risky Investment?
Feb 18Investors Will Want Tantia Constructions' (NSE:TANTIACONS) Growth In ROCE To Persist
Aug 03Tantia Constructions' (NSE:TANTIACONS) Returns On Capital Are Heading Higher
Apr 12Tantia Constructions' (NSE:TANTIACONS) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Dec 27Tantia Constructions (NSE:TANTIACONS) Is Doing The Right Things To Multiply Its Share Price
Dec 22Financial Position Analysis
Short Term Liabilities: TCLCONS's short term assets (₹2.0B) do not cover its short term liabilities (₹4.6B).
Long Term Liabilities: TCLCONS's short term assets (₹2.0B) exceed its long term liabilities (₹60.6M).
Debt to Equity History and Analysis
Debt Level: TCLCONS's net debt to equity ratio (113.7%) is considered high.
Reducing Debt: TCLCONS had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: TCLCONS's debt is not well covered by operating cash flow (7.3%).
Interest Coverage: Insufficient data to determine if TCLCONS's interest payments on its debt are well covered by EBIT.