True Green Bio Energy Balance Sheet Health
Financial Health criteria checks 0/6
True Green Bio Energy has a total shareholder equity of ₹888.2M and total debt of ₹946.6M, which brings its debt-to-equity ratio to 106.6%. Its total assets and total liabilities are ₹1.9B and ₹1.0B respectively.
Key information
106.6%
Debt to equity ratio
₹946.61m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹8.20m |
| Equity | ₹888.24m |
| Total liabilities | ₹1.02b |
| Total assets | ₹1.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533407's short term assets (₹198.3M) do not cover its short term liabilities (₹516.2M).
Long Term Liabilities: 533407's short term assets (₹198.3M) do not cover its long term liabilities (₹503.6M).
Debt to Equity History and Analysis
Debt Level: 533407's net debt to equity ratio (105.6%) is considered high.
Reducing Debt: 533407's debt to equity ratio has increased from 27.4% to 106.6% over the past 5 years.
Debt Coverage: 533407's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 533407's interest payments on its debt are well covered by EBIT.