Thejo Engineering Balance Sheet Health
Financial Health criteria checks 6/6
Thejo Engineering has a total shareholder equity of ₹2.4B and total debt of ₹489.2M, which brings its debt-to-equity ratio to 20.2%. Its total assets and total liabilities are ₹3.9B and ₹1.5B respectively. Thejo Engineering's EBIT is ₹673.7M making its interest coverage ratio 17.4. It has cash and short-term investments of ₹451.4M.
Key information
20.2%
Debt to equity ratio
₹489.24m
Debt
| Interest coverage ratio | 17.4x |
| Cash | ₹451.37m |
| Equity | ₹2.42b |
| Total liabilities | ₹1.51b |
| Total assets | ₹3.93b |
Recent financial health updates
Is Thejo Engineering (NSE:THEJO) A Risky Investment?
Nov 14
Thejo Engineering (NSE:THEJO) Seems To Use Debt Quite Sensibly
Jan 04Recent updates
Earnings Not Telling The Story For Thejo Engineering Limited (NSE:THEJO) After Shares Rise 30%
Apr 12Does Thejo Engineering (NSE:THEJO) Deserve A Spot On Your Watchlist?
Mar 13Subdued Growth No Barrier To Thejo Engineering Limited (NSE:THEJO) With Shares Advancing 26%
Feb 24Is Thejo Engineering (NSE:THEJO) A Risky Investment?
Nov 14Thejo Engineering (NSE:THEJO) Will Be Hoping To Turn Its Returns On Capital Around
Sep 06Here's Why Thejo Engineering (NSE:THEJO) Has Caught The Eye Of Investors
Dec 26We Think That There Are Some Issues For Thejo Engineering (NSE:THEJO) Beyond Its Promising Earnings
Nov 22Thejo Engineering (NSE:THEJO) Is Reinvesting To Multiply In Value
Aug 30Should You Be Adding Thejo Engineering (NSE:THEJO) To Your Watchlist Today?
Jul 23Thejo Engineering (NSE:THEJO) Is Very Good At Capital Allocation
Mar 14I Ran A Stock Scan For Earnings Growth And Thejo Engineering (NSE:THEJO) Passed With Ease
Feb 15Investors Should Be Encouraged By Thejo Engineering's (NSE:THEJO) Returns On Capital
Nov 30Is Now The Time To Put Thejo Engineering (NSE:THEJO) On Your Watchlist?
Aug 25Under The Bonnet, Thejo Engineering's (NSE:THEJO) Returns Look Impressive
May 18Did Thejo Engineering Limited (NSE:THEJO) Insiders Sell Shares?
Mar 02Does Thejo Engineering (NSE:THEJO) Have The DNA Of A Multi-Bagger?
Feb 08
Does Thejo Engineering Limited (NSE:THEJO) Have A Place In Your Dividend Portfolio?
Jan 21Thejo Engineering (NSE:THEJO) Seems To Use Debt Quite Sensibly
Jan 04Thejo Engineering Limited's (NSE:THEJO) Fundamentals Look Pretty Strong: Could The Market Be Wrong About The Stock?
Dec 16Have Insiders Sold Thejo Engineering Limited (NSE:THEJO) Shares Recently?
Nov 28Financial Position Analysis
Short Term Liabilities: THEJO's short term assets (₹2.7B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: THEJO's short term assets (₹2.7B) exceed its long term liabilities (₹425.7M).
Debt to Equity History and Analysis
Debt Level: THEJO's net debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: THEJO's debt to equity ratio has reduced from 39.4% to 20.2% over the past 5 years.
Debt Coverage: THEJO's debt is well covered by operating cash flow (80.3%).
Interest Coverage: THEJO's interest payments on its debt are well covered by EBIT (17.4x coverage).