TTK Prestige Balance Sheet Health
Financial Health criteria checks 6/6
TTK Prestige has a total shareholder equity of ₹19.6B and total debt of ₹1.6B, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are ₹27.1B and ₹7.4B respectively. TTK Prestige's EBIT is ₹2.4B making its interest coverage ratio -13.6. It has cash and short-term investments of ₹8.3B.
Key information
8.3%
Debt to equity ratio
₹1.62b
Debt
Interest coverage ratio | -13.6x |
Cash | ₹8.31b |
Equity | ₹19.63b |
Total liabilities | ₹7.44b |
Total assets | ₹27.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 517506's short term assets (₹19.4B) exceed its short term liabilities (₹6.1B).
Long Term Liabilities: 517506's short term assets (₹19.4B) exceed its long term liabilities (₹1.4B).
Debt to Equity History and Analysis
Debt Level: 517506 has more cash than its total debt.
Reducing Debt: 517506's debt to equity ratio has reduced from 9.2% to 8.3% over the past 5 years.
Debt Coverage: 517506's debt is well covered by operating cash flow (164.2%).
Interest Coverage: 517506 earns more interest than it pays, so coverage of interest payments is not a concern.