Tatia Global Vennture Balance Sheet Health
Financial Health criteria checks 4/6
Tatia Global Vennture has a total shareholder equity of ₹265.7M and total debt of ₹17.6M, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are ₹322.2M and ₹56.5M respectively. Tatia Global Vennture's EBIT is ₹6.1M making its interest coverage ratio 3073.5. It has cash and short-term investments of ₹9.9M.
Key information
6.6%
Debt to equity ratio
₹17.62m
Debt
| Interest coverage ratio | 3073.5x |
| Cash | ₹9.93m |
| Equity | ₹265.73m |
| Total liabilities | ₹56.51m |
| Total assets | ₹322.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 521228's short term assets (₹110.8M) exceed its short term liabilities (₹18.2M).
Long Term Liabilities: 521228's short term assets (₹110.8M) exceed its long term liabilities (₹38.3M).
Debt to Equity History and Analysis
Debt Level: 521228's net debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: 521228's debt to equity ratio has increased from 4.7% to 6.6% over the past 5 years.
Debt Coverage: 521228's debt is not well covered by operating cash flow (3.2%).
Interest Coverage: 521228's interest payments on its debt are well covered by EBIT (3073.5x coverage).