T.T Balance Sheet Health
Financial Health criteria checks 3/6
T.T has a total shareholder equity of ₹791.5M and total debt of ₹873.6M, which brings its debt-to-equity ratio to 110.4%. Its total assets and total liabilities are ₹1.9B and ₹1.1B respectively. T.T's EBIT is ₹55.2M making its interest coverage ratio 0.4. It has cash and short-term investments of ₹2.2M.
Key information
110.4%
Debt to equity ratio
₹873.64m
Debt
| Interest coverage ratio | 0.4x |
| Cash | ₹2.20m |
| Equity | ₹791.46m |
| Total liabilities | ₹1.10b |
| Total assets | ₹1.89b |
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 (₹568.8M).
Long Term Liabilities: 514142's short term assets (₹1.3B) exceed its long term liabilities (₹526.8M).
Debt to Equity History and Analysis
Debt Level: 514142's net debt to equity ratio (110.1%) is considered high.
Reducing Debt: 514142's debt to equity ratio has reduced from 370.4% to 110.4% over the past 5 years.
Debt Coverage: 514142's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 514142's interest payments on its debt are not well covered by EBIT (0.4x coverage).