Timken India Balance Sheet Health
Financial Health criteria checks 6/6
Timken India has a total shareholder equity of ₹24.2B and total debt of ₹60.4M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ₹29.9B and ₹5.7B respectively. Timken India's EBIT is ₹4.9B making its interest coverage ratio -17.8. It has cash and short-term investments of ₹4.9B.
Key information
0.3%
Debt to equity ratio
₹60.43m
Debt
Interest coverage ratio | -17.8x |
Cash | ₹4.89b |
Equity | ₹24.17b |
Total liabilities | ₹5.70b |
Total assets | ₹29.88b |
Recent financial health updates
Is Timken India (NSE:TIMKEN) Using Too Much Debt?
May 19We Think Timken India (NSE:TIMKEN) Can Stay On Top Of Its Debt
Feb 02We Think Timken India (NSE:TIMKEN) Can Stay On Top Of Its Debt
Sep 10These 4 Measures Indicate That Timken India (NSE:TIMKEN) Is Using Debt Safely
Feb 15These 4 Measures Indicate That Timken India (NSE:TIMKEN) Is Using Debt Safely
Nov 11Is Timken India (NSE:TIMKEN) A Risky Investment?
Jun 30Recent updates
There's Been No Shortage Of Growth Recently For Timken India's (NSE:TIMKEN) Returns On Capital
Jun 16Investors Appear Satisfied With Timken India Limited's (NSE:TIMKEN) Prospects As Shares Rocket 31%
May 25Timken India's (NSE:TIMKEN) Returns On Capital Are Heading Higher
Mar 10Investors Interested In Timken India Limited's (NSE:TIMKEN) Earnings
Feb 17Why We Like The Returns At Timken India (NSE:TIMKEN)
Jul 03Do Timken India's (NSE:TIMKEN) Earnings Warrant Your Attention?
Jun 03Is Timken India (NSE:TIMKEN) Using Too Much Debt?
May 19Why We Like The Returns At Timken India (NSE:TIMKEN)
Mar 24Here's Why We Think Timken India (NSE:TIMKEN) Might Deserve Your Attention Today
Feb 18We Think Timken India (NSE:TIMKEN) Can Stay On Top Of Its Debt
Feb 02Timken India (NSE:TIMKEN) Is Very Good At Capital Allocation
Dec 14Here's Why We Think Timken India (NSE:TIMKEN) Is Well Worth Watching
Oct 22We Think Timken India (NSE:TIMKEN) Can Stay On Top Of Its Debt
Sep 10Robust Earnings May Not Tell The Whole Story For Timken India (NSE:TIMKEN)
Aug 05Is Now The Time To Put Timken India (NSE:TIMKEN) On Your Watchlist?
Jun 02These 4 Measures Indicate That Timken India (NSE:TIMKEN) Is Using Debt Safely
Feb 15These 4 Measures Indicate That Timken India (NSE:TIMKEN) Is Using Debt Safely
Nov 11We Take A Look At Why Timken India Limited's (NSE:TIMKEN) CEO Has Earned Their Pay Packet
Aug 16Is Timken India (NSE:TIMKEN) A Risky Investment?
Jun 30Does Timken India (NSE:TIMKEN) Have A Healthy Balance Sheet?
Mar 25Can You Imagine How Jubilant Timken India's (NSE:TIMKEN) Shareholders Feel About Its 202% Share Price Gain?
Mar 08Key Things To Watch Out For If You Are After Timken India Limited's (NSE:TIMKEN) 3.7% Dividend
Feb 17Here's Why I Think Timken India (NSE:TIMKEN) Might Deserve Your Attention Today
Feb 02Are Robust Financials Driving The Recent Rally In Timken India Limited's (NSE:TIMKEN) Stock?
Jan 19Here's What Timken India Limited's (NSE:TIMKEN) Shareholder Ownership Structure Looks Like
Jan 06How Much Does Timken India's (NSE:TIMKEN) CEO Make?
Dec 22We Think Timken India (NSE:TIMKEN) Can Stay On Top Of Its Debt
Dec 08Did Business Growth Power Timken India's (NSE:TIMKEN) Share Price Gain of 106%?
Nov 23Key Things To Consider Before Buying Timken India Limited (NSE:TIMKEN) For Its Dividend
Nov 02Financial Position Analysis
Short Term Liabilities: TIMKEN's short term assets (₹18.5B) exceed its short term liabilities (₹4.7B).
Long Term Liabilities: TIMKEN's short term assets (₹18.5B) exceed its long term liabilities (₹971.2M).
Debt to Equity History and Analysis
Debt Level: TIMKEN has more cash than its total debt.
Reducing Debt: TIMKEN's debt to equity ratio has reduced from 1.7% to 0.3% over the past 5 years.
Debt Coverage: TIMKEN's debt is well covered by operating cash flow (5625%).
Interest Coverage: TIMKEN earns more interest than it pays, so coverage of interest payments is not a concern.