Thejo Engineering Balance Sheet Health
Financial Health criteria checks 6/6
Thejo Engineering has a total shareholder equity of ₹2.7B and total debt of ₹142.0M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are ₹4.1B and ₹1.4B respectively. Thejo Engineering's EBIT is ₹798.4M making its interest coverage ratio 12.4. It has cash and short-term investments of ₹681.8M.
Key information
5.2%
Debt to equity ratio
₹142.05m
Debt
Interest coverage ratio | 12.4x |
Cash | ₹681.80m |
Equity | ₹2.73b |
Total liabilities | ₹1.41b |
Total assets | ₹4.14b |
Recent financial health updates
Is Thejo Engineering (NSE:THEJO) A Risky Investment?
Nov 14Thejo Engineering (NSE:THEJO) Seems To Use Debt Quite Sensibly
Jan 04Recent updates
Do Thejo Engineering's (NSE:THEJO) Earnings Warrant Your Attention?
Jul 22Earnings Not Telling The Story For Thejo Engineering Limited (NSE:THEJO) After Shares Rise 32%
Jul 02Earnings 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 08Does 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 (₹3.0B) exceed its short term liabilities (₹1.0B).
Long Term Liabilities: THEJO's short term assets (₹3.0B) exceed its long term liabilities (₹383.7M).
Debt to Equity History and Analysis
Debt Level: THEJO has more cash than its total debt.
Reducing Debt: THEJO's debt to equity ratio has reduced from 37.1% to 5.2% over the past 5 years.
Debt Coverage: THEJO's debt is well covered by operating cash flow (364.7%).
Interest Coverage: THEJO's interest payments on its debt are well covered by EBIT (12.4x coverage).