Teerth Gopicon Balance Sheet Health
Financial Health criteria checks 5/6
Teerth Gopicon has a total shareholder equity of ₹78.9M and total debt of ₹39.2M, which brings its debt-to-equity ratio to 49.7%. Its total assets and total liabilities are ₹474.3M and ₹395.5M respectively. Teerth Gopicon's EBIT is ₹26.7M making its interest coverage ratio 91.2. It has cash and short-term investments of ₹53.3M.
Key information
49.7%
Debt to equity ratio
₹39.23m
Debt
Interest coverage ratio | 91.2x |
Cash | ₹53.29m |
Equity | ₹78.87m |
Total liabilities | ₹395.46m |
Total assets | ₹474.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TGL's short term assets (₹445.2M) exceed its short term liabilities (₹361.7M).
Long Term Liabilities: TGL's short term assets (₹445.2M) exceed its long term liabilities (₹33.8M).
Debt to Equity History and Analysis
Debt Level: TGL has more cash than its total debt.
Reducing Debt: Insufficient data to determine if TGL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TGL's debt is well covered by operating cash flow (346.9%).
Interest Coverage: TGL's interest payments on its debt are well covered by EBIT (91.2x coverage).