Trom Industries Balance Sheet Health
Financial Health criteria checks 4/6
Trom Industries has a total shareholder equity of ₹462.7M and total debt of ₹39.3M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are ₹660.7M and ₹198.0M respectively. Trom Industries's EBIT is ₹111.8M making its interest coverage ratio 17.1. It has cash and short-term investments of ₹94.1M.
Key information
8.5%
Debt to equity ratio
₹39.29m
Debt
| Interest coverage ratio | 17.1x |
| Cash | ₹94.08m |
| Equity | ₹462.67m |
| Total liabilities | ₹198.00m |
| Total assets | ₹660.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TROM's short term assets (₹657.2M) exceed its short term liabilities (₹177.9M).
Long Term Liabilities: TROM's short term assets (₹657.2M) exceed its long term liabilities (₹20.1M).
Debt to Equity History and Analysis
Debt Level: TROM has more cash than its total debt.
Reducing Debt: Insufficient data to determine if TROM's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TROM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TROM's interest payments on its debt are well covered by EBIT (17.1x coverage).