TechEra Engineering (India) Balance Sheet Health
Financial Health criteria checks 4/6
TechEra Engineering (India) has a total shareholder equity of ₹472.5M and total debt of ₹162.1M, which brings its debt-to-equity ratio to 34.3%. Its total assets and total liabilities are ₹806.3M and ₹333.7M respectively. TechEra Engineering (India)'s EBIT is ₹80.1M making its interest coverage ratio 6.9. It has cash and short-term investments of ₹144.3M.
Key information
34.3%
Debt to equity ratio
₹162.13m
Debt
| Interest coverage ratio | 6.9x |
| Cash | ₹144.27m |
| Equity | ₹472.53m |
| Total liabilities | ₹333.74m |
| Total assets | ₹806.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TECHERA's short term assets (₹680.6M) exceed its short term liabilities (₹262.4M).
Long Term Liabilities: TECHERA's short term assets (₹680.6M) exceed its long term liabilities (₹71.3M).
Debt to Equity History and Analysis
Debt Level: TECHERA's net debt to equity ratio (3.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if TECHERA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TECHERA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TECHERA's interest payments on its debt are well covered by EBIT (6.9x coverage).