Tega Industries Balance Sheet Health
Financial Health criteria checks 6/6
Tega Industries has a total shareholder equity of ₹12.5B and total debt of ₹2.2B, which brings its debt-to-equity ratio to 17.5%. Its total assets and total liabilities are ₹19.4B and ₹6.8B respectively. Tega Industries's EBIT is ₹2.1B making its interest coverage ratio 9.7. It has cash and short-term investments of ₹3.3B.
Key information
17.5%
Debt to equity ratio
₹2.20b
Debt
| Interest coverage ratio | 9.7x |
| Cash | ₹3.29b |
| Equity | ₹12.52b |
| Total liabilities | ₹6.85b |
| Total assets | ₹19.36b |
Recent financial health updates
Recent updates
Tega Industries Limited's (NSE:TEGA) Share Price Is Still Matching Investor Opinion Despite 25% Slump
Dec 07
Tega Industries Limited Just Missed Revenue By 14%: Here's What Analysts Think Will Happen Next
Nov 17Tega Industries' (NSE:TEGA) Profits May Not Reveal Underlying Issues
Aug 04With EPS Growth And More, Tega Industries (NSE:TEGA) Makes An Interesting Case
Aug 02Tega Industries (NSE:TEGA) Has A Pretty Healthy Balance Sheet
Jul 05Investors Appear Satisfied With Tega Industries Limited's (NSE:TEGA) Prospects
Jun 05Here's Why We Think Tega Industries (NSE:TEGA) Is Well Worth Watching
Apr 03Slowing Rates Of Return At Tega Industries (NSE:TEGA) Leave Little Room For Excitement
Mar 05Tega Industries Limited Just Missed Revenue By 14%: Here's What Analysts Think Will Happen Next
Feb 12Why We're Not Concerned About Tega Industries Limited's (NSE:TEGA) Share Price
Feb 11Tega Industries (NSE:TEGA) Hasn't Managed To Accelerate Its Returns
Oct 20Here's Why Tega Industries (NSE:TEGA) Has Caught The Eye Of Investors
Jul 27News Flash: Analysts Just Made A Notable Upgrade To Their Tega Industries Limited (NSE:TEGA) Forecasts
Jun 04Results: Tega Industries Limited Beat Earnings Expectations And Analysts Now Have New Forecasts
Jun 02Risks To Shareholder Returns Are Elevated At These Prices For Tega Industries Limited (NSE:TEGA)
May 19Weak Statutory Earnings May Not Tell The Whole Story For Tega Industries (NSE:TEGA)
Jun 01Financial Position Analysis
Short Term Liabilities: TEGA's short term assets (₹11.9B) exceed its short term liabilities (₹5.2B).
Long Term Liabilities: TEGA's short term assets (₹11.9B) exceed its long term liabilities (₹1.6B).
Debt to Equity History and Analysis
Debt Level: TEGA has more cash than its total debt.
Reducing Debt: TEGA's debt to equity ratio has reduced from 52.9% to 17.5% over the past 5 years.
Debt Coverage: TEGA's debt is well covered by operating cash flow (91.5%).
Interest Coverage: TEGA's interest payments on its debt are well covered by EBIT (9.7x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 06:29 |
| End of Day Share Price | 2024/12/20 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 |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Tega Industries Limited is covered by 6 analysts. 4 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 |
|---|---|
| null null | Asian Markets Securities Private Limited |
| Chirag Muchhala | Centrum Broking Limited |
| Kameswari V. S. Chavali | FirstCall Research |