T.T Balance Sheet Health
Financial Health criteria checks 5/6
T.T has a total shareholder equity of ₹676.9M and total debt of ₹1.4B, which brings its debt-to-equity ratio to 206.7%. Its total assets and total liabilities are ₹2.3B and ₹1.6B respectively. T.T's EBIT is ₹87.3M making its interest coverage ratio 0.5. It has cash and short-term investments of ₹4.3M.
Key information
206.7%
Debt to equity ratio
₹1.40b
Debt
Interest coverage ratio | 0.5x |
Cash | ₹4.28m |
Equity | ₹676.86m |
Total liabilities | ₹1.61b |
Total assets | ₹2.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514142's short term assets (₹1.3B) exceed its short term liabilities (₹1.0B).
Long Term Liabilities: 514142's short term assets (₹1.3B) exceed its long term liabilities (₹575.3M).
Debt to Equity History and Analysis
Debt Level: 514142's net debt to equity ratio (206.1%) is considered high.
Reducing Debt: 514142's debt to equity ratio has reduced from 330.8% to 206.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 514142 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 514142 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 1.5% per year.