Titan Balance Sheet Health
Financial Health criteria checks 3/6
Titan has a total shareholder equity of ₹124.7B and total debt of ₹142.5B, which brings its debt-to-equity ratio to 114.4%. Its total assets and total liabilities are ₹329.3B and ₹204.7B respectively. Titan's EBIT is ₹46.5B making its interest coverage ratio 12.5. It has cash and short-term investments of ₹54.9B.
Key information
114.4%
Debt to equity ratio
₹142.54b
Debt
Interest coverage ratio | 12.5x |
Cash | ₹54.94b |
Equity | ₹124.65b |
Total liabilities | ₹204.67b |
Total assets | ₹329.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500114's short term assets (₹274.9B) exceed its short term liabilities (₹182.8B).
Long Term Liabilities: 500114's short term assets (₹274.9B) exceed its long term liabilities (₹21.9B).
Debt to Equity History and Analysis
Debt Level: 500114's net debt to equity ratio (70.3%) is considered high.
Reducing Debt: 500114's debt to equity ratio has increased from 37.6% to 114.4% over the past 5 years.
Debt Coverage: 500114's debt is not well covered by operating cash flow (8.7%).
Interest Coverage: 500114's interest payments on its debt are well covered by EBIT (12.5x coverage).