TechEra Engineering (India) Balance Sheet Health
Financial Health criteria checks 4/6
TechEra Engineering (India) has a total shareholder equity of ₹159.0M and total debt of ₹143.0M, which brings its debt-to-equity ratio to 89.9%. Its total assets and total liabilities are ₹372.4M and ₹213.4M respectively. TechEra Engineering (India)'s EBIT is ₹70.9M making its interest coverage ratio 4.7. It has cash and short-term investments of ₹22.1M.
Key information
89.9%
Debt to equity ratio
₹143.00m
Debt
| Interest coverage ratio | 4.7x |
| Cash | ₹22.14m |
| Equity | ₹159.01m |
| Total liabilities | ₹213.37m |
| Total assets | ₹372.39m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: TECHERA's short term assets (₹240.4M) exceed its short term liabilities (₹153.1M).
Long Term Liabilities: TECHERA's short term assets (₹240.4M) exceed its long term liabilities (₹60.3M).
Debt to Equity History and Analysis
Debt Level: TECHERA's net debt to equity ratio (76%) is considered high.
Reducing Debt: Insufficient data to determine if TECHERA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TECHERA's debt is well covered by operating cash flow (28.3%).
Interest Coverage: TECHERA's interest payments on its debt are well covered by EBIT (4.7x coverage).