Tantia Constructions Balance Sheet Health
Financial Health criteria checks 3/6
Tantia Constructions has a total shareholder equity of ₹2.5B and total debt of ₹3.0B, which brings its debt-to-equity ratio to 121.4%. Its total assets and total liabilities are ₹6.6B and ₹4.1B respectively. Tantia Constructions's EBIT is ₹111.7M making its interest coverage ratio -8.1. It has cash and short-term investments of ₹21.4M.
Key information
121.4%
Debt to equity ratio
₹3.02b
Debt
| Interest coverage ratio | -8.1x |
| Cash | ₹21.40m |
| Equity | ₹2.49b |
| Total liabilities | ₹4.07b |
| Total assets | ₹6.56b |
Recent financial health updates
Here's Why Tantia Constructions (NSE:TCLCONS) Is Weighed Down By Its Debt Load
Jun 05
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 18Recent updates
Tantia Constructions (NSE:TCLCONS) Is Looking To Continue Growing Its Returns On Capital
Dec 14Tantia Constructions (NSE:TCLCONS) Might Have The Makings Of A Multi-Bagger
Aug 07Here's Why Tantia Constructions (NSE:TCLCONS) Is Weighed Down By Its Debt Load
Jun 05Would 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 (₹1.3B) do not cover its short term liabilities (₹3.7B).
Long Term Liabilities: TCLCONS's short term assets (₹1.3B) exceed its long term liabilities (₹382.3M).
Debt to Equity History and Analysis
Debt Level: TCLCONS's net debt to equity ratio (120.6%) is considered high.
Reducing Debt: TCLCONS's debt to equity ratio has reduced from 1262% to 121.4% over the past 5 years.
Debt Coverage: TCLCONS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TCLCONS earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 14:26 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tantia Constructions Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Shruti Udeshi | Finquest Securities Private Limited |