Trident Balance Sheet Health
Financial Health criteria checks 6/6
Trident has a total shareholder equity of ₹42.9B and total debt of ₹15.5B, which brings its debt-to-equity ratio to 36.2%. Its total assets and total liabilities are ₹68.5B and ₹25.6B respectively. Trident's EBIT is ₹5.4B making its interest coverage ratio 3.9. It has cash and short-term investments of ₹4.3B.
Key information
36.2%
Debt to equity ratio
₹15.52b
Debt
| Interest coverage ratio | 3.9x |
| Cash | ₹4.26b |
| Equity | ₹42.88b |
| Total liabilities | ₹25.60b |
| Total assets | ₹68.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 521064's short term assets (₹20.7B) exceed its short term liabilities (₹11.8B).
Long Term Liabilities: 521064's short term assets (₹20.7B) exceed its long term liabilities (₹13.8B).
Debt to Equity History and Analysis
Debt Level: 521064's net debt to equity ratio (26.3%) is considered satisfactory.
Reducing Debt: 521064's debt to equity ratio has reduced from 60.7% to 36.2% over the past 5 years.
Debt Coverage: 521064's debt is well covered by operating cash flow (40.7%).
Interest Coverage: 521064's interest payments on its debt are well covered by EBIT (3.9x coverage).