Transteel Seating Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Transteel Seating Technologies has a total shareholder equity of ₹825.1M and total debt of ₹380.8M, which brings its debt-to-equity ratio to 46.1%. Its total assets and total liabilities are ₹1.5B and ₹691.7M respectively. Transteel Seating Technologies's EBIT is ₹191.0M making its interest coverage ratio 5. It has cash and short-term investments of ₹12.5M.
Key information
46.1%
Debt to equity ratio
₹380.75m
Debt
| Interest coverage ratio | 5x |
| Cash | ₹12.52m |
| Equity | ₹825.06m |
| Total liabilities | ₹691.68m |
| Total assets | ₹1.52b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TRANSTEEL's short term assets (₹1.0B) exceed its short term liabilities (₹570.2M).
Long Term Liabilities: TRANSTEEL's short term assets (₹1.0B) exceed its long term liabilities (₹121.5M).
Debt to Equity History and Analysis
Debt Level: TRANSTEEL's net debt to equity ratio (44.6%) is considered high.
Reducing Debt: TRANSTEEL's debt to equity ratio has reduced from 103.7% to 46.1% over the past 5 years.
Debt Coverage: TRANSTEEL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TRANSTEEL's interest payments on its debt are well covered by EBIT (5x coverage).