TeamLease Services Balance Sheet Health
Financial Health criteria checks 5/6
TeamLease Services has a total shareholder equity of ₹8.1B and total debt of ₹305.2M, which brings its debt-to-equity ratio to 3.8%. Its total assets and total liabilities are ₹19.4B and ₹11.3B respectively. TeamLease Services's EBIT is ₹782.7M making its interest coverage ratio 7.7. It has cash and short-term investments of ₹4.2B.
Key information
3.8%
Debt to equity ratio
₹305.20m
Debt
Interest coverage ratio | 7.7x |
Cash | ₹4.21b |
Equity | ₹8.11b |
Total liabilities | ₹11.26b |
Total assets | ₹19.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539658's short term assets (₹12.2B) exceed its short term liabilities (₹9.3B).
Long Term Liabilities: 539658's short term assets (₹12.2B) exceed its long term liabilities (₹1.9B).
Debt to Equity History and Analysis
Debt Level: 539658 has more cash than its total debt.
Reducing Debt: 539658's debt to equity ratio has increased from 3% to 3.8% over the past 5 years.
Debt Coverage: 539658's debt is well covered by operating cash flow (386.1%).
Interest Coverage: 539658's interest payments on its debt are well covered by EBIT (7.7x coverage).