Transformers and Rectifiers (India) Balance Sheet Health
Financial Health criteria checks 4/6
Transformers and Rectifiers (India) has a total shareholder equity of ₹5.6B and total debt of ₹2.6B, which brings its debt-to-equity ratio to 45.4%. Its total assets and total liabilities are ₹11.7B and ₹6.1B respectively. Transformers and Rectifiers (India)'s EBIT is ₹1.1B making its interest coverage ratio 3.1. It has cash and short-term investments of ₹69.9M.
Key information
45.4%
Debt to equity ratio
₹2.56b
Debt
| Interest coverage ratio | 3.1x |
| Cash | ₹69.91m |
| Equity | ₹5.63b |
| Total liabilities | ₹6.05b |
| Total assets | ₹11.68b |
Recent financial health updates
Does Transformers and Rectifiers (India) (NSE:TRIL) Have A Healthy Balance Sheet?
Mar 27
Transformers and Rectifiers (India) (NSE:TRIL) Takes On Some Risk With Its Use Of Debt
Dec 23Transformers and Rectifiers (India) (NSE:TRIL) Has A Pretty Healthy Balance Sheet
Aug 09These 4 Measures Indicate That Transformers and Rectifiers (India) (NSE:TRIL) Is Using Debt Reasonably Well
Dec 23Does Transformers and Rectifiers (India) (NSE:TRIL) Have A Healthy Balance Sheet?
Sep 16These 4 Measures Indicate That Transformers and Rectifiers (India) (NSE:TRIL) Is Using Debt Reasonably Well
Dec 11Recent updates
Market Participants Recognise Transformers and Rectifiers (India) Limited's (NSE:TRIL) Revenues Pushing Shares 26% Higher
Apr 05Does Transformers and Rectifiers (India) (NSE:TRIL) Have A Healthy Balance Sheet?
Mar 27Subdued Growth No Barrier To Transformers and Rectifiers (India) Limited (NSE:TRIL) With Shares Advancing 27%
Feb 17There's Reason For Concern Over Transformers and Rectifiers (India) Limited's (NSE:TRIL) Massive 26% Price Jump
Dec 31Transformers and Rectifiers (India) (NSE:TRIL) Takes On Some Risk With Its Use Of Debt
Dec 23Transformers and Rectifiers (India)'s (NSE:TRIL) Sluggish Earnings Might Be Just The Beginning Of Its Problems
Nov 11There's Been No Shortage Of Growth Recently For Transformers and Rectifiers (India)'s (NSE:TRIL) Returns On Capital
Aug 27Transformers and Rectifiers (India) (NSE:TRIL) Has A Pretty Healthy Balance Sheet
Aug 09Transformers and Rectifiers (India)'s (NSE:TRIL) Dividend Will Be ₹0.15
Jul 21We Ran A Stock Scan For Earnings Growth And Transformers and Rectifiers (India) (NSE:TRIL) Passed With Ease
Jun 22Transformers and Rectifiers (India) (NSE:TRIL) Is Paying Out A Dividend Of ₹0.15
Jun 04Transformers and Rectifiers (India) (NSE:TRIL) Is Due To Pay A Dividend Of ₹0.15
May 21Transformers and Rectifiers (India) (NSE:TRIL) Is Due To Pay A Dividend Of ₹0.15
May 07These 4 Measures Indicate That Transformers and Rectifiers (India) (NSE:TRIL) Is Using Debt Reasonably Well
Dec 23If EPS Growth Is Important To You, Transformers and Rectifiers (India) (NSE:TRIL) Presents An Opportunity
Nov 29Does Transformers and Rectifiers (India) (NSE:TRIL) Have A Healthy Balance Sheet?
Sep 16Do Transformers and Rectifiers (India)'s (NSE:TRIL) Earnings Warrant Your Attention?
Jun 18Here's What To Make Of Transformers and Rectifiers (India)'s (NSE:TRIL) Decelerating Rates Of Return
Mar 03Calculating The Fair Value Of Transformers and Rectifiers (India) Limited (NSE:TRIL)
Jan 04These 4 Measures Indicate That Transformers and Rectifiers (India) (NSE:TRIL) Is Using Debt Reasonably Well
Dec 11Returns At Transformers and Rectifiers (India) (NSE:TRIL) Are On The Way Up
Nov 11Investors Will Want Transformers and Rectifiers (India)'s (NSE:TRIL) Growth In ROCE To Persist
Aug 11Estimating The Intrinsic Value Of Transformers and Rectifiers (India) Limited (NSE:TRIL)
May 17The Return Trends At Transformers and Rectifiers (India) (NSE:TRIL) Look Promising
Mar 23Estimating The Intrinsic Value Of Transformers and Rectifiers (India) Limited (NSE:TRIL)
Feb 15Is Transformers and Rectifiers (India) (NSE:TRIL) Using Too Much Debt?
Dec 30Is Transformers & Rectifiers (India) (NSE:TRIL) Using Too Much Debt?
Aug 28
Financial Position Analysis
Short Term Liabilities: TRIL's short term assets (₹9.9B) exceed its short term liabilities (₹5.4B).
Long Term Liabilities: TRIL's short term assets (₹9.9B) exceed its long term liabilities (₹660.0M).
Debt to Equity History and Analysis
Debt Level: TRIL's net debt to equity ratio (44.2%) is considered high.
Reducing Debt: TRIL's debt to equity ratio has reduced from 76.8% to 45.4% over the past 5 years.
Debt Coverage: TRIL's debt is not well covered by operating cash flow (11.4%).
Interest Coverage: TRIL's interest payments on its debt are well covered by EBIT (3.1x coverage).