Trident Balance Sheet Health
Financial Health criteria checks 6/6
Trident has a total shareholder equity of ₹41.5B and total debt of ₹16.6B, which brings its debt-to-equity ratio to 40.1%. Its total assets and total liabilities are ₹70.3B and ₹28.8B respectively. Trident's EBIT is ₹6.4B making its interest coverage ratio 5.8. It has cash and short-term investments of ₹4.0B.
Key information
40.1%
Debt to equity ratio
₹16.64b
Debt
Interest coverage ratio | 5.8x |
Cash | ₹4.02b |
Equity | ₹41.50b |
Total liabilities | ₹28.80b |
Total assets | ₹70.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 521064's short term assets (₹20.2B) exceed its short term liabilities (₹14.1B).
Long Term Liabilities: 521064's short term assets (₹20.2B) exceed its long term liabilities (₹14.7B).
Debt to Equity History and Analysis
Debt Level: 521064's net debt to equity ratio (30.4%) is considered satisfactory.
Reducing Debt: 521064's debt to equity ratio has reduced from 86.7% to 40.1% over the past 5 years.
Debt Coverage: 521064's debt is well covered by operating cash flow (51%).
Interest Coverage: 521064's interest payments on its debt are well covered by EBIT (5.8x coverage).