Titan Balance Sheet Health
Financial Health criteria checks 3/6
Titan has a total shareholder equity of ₹97.4B and total debt of ₹191.2B, which brings its debt-to-equity ratio to 196.4%. Its total assets and total liabilities are ₹388.3B and ₹290.9B respectively. Titan's EBIT is ₹46.0B making its interest coverage ratio 7.8. It has cash and short-term investments of ₹32.3B.
Key information
196.4%
Debt to equity ratio
₹191.17b
Debt
| Interest coverage ratio | 7.8x |
| Cash | ₹32.28b |
| Equity | ₹97.36b |
| Total liabilities | ₹290.90b |
| Total assets | ₹388.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500114's short term assets (₹322.3B) exceed its short term liabilities (₹245.7B).
Long Term Liabilities: 500114's short term assets (₹322.3B) exceed its long term liabilities (₹45.3B).
Debt to Equity History and Analysis
Debt Level: 500114's net debt to equity ratio (163.2%) is considered high.
Reducing Debt: 500114's debt to equity ratio has increased from 60.4% to 196.4% over the past 5 years.
Debt Coverage: 500114's debt is not well covered by operating cash flow (12.7%).
Interest Coverage: 500114's interest payments on its debt are well covered by EBIT (7.8x coverage).