Titaanium Ten Enterprise Balance Sheet Health
Financial Health criteria checks 3/6
Titaanium Ten Enterprise has a total shareholder equity of ₹166.4M and total debt of ₹393.9M, which brings its debt-to-equity ratio to 236.8%. Its total assets and total liabilities are ₹584.0M and ₹417.7M respectively. Titaanium Ten Enterprise's EBIT is ₹59.7M making its interest coverage ratio 1.5. It has cash and short-term investments of ₹35.1M.
Key information
236.8%
Debt to equity ratio
₹393.94m
Debt
Interest coverage ratio | 1.5x |
Cash | ₹35.13m |
Equity | ₹166.36m |
Total liabilities | ₹417.68m |
Total assets | ₹584.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539985's short term assets (₹534.2M) exceed its short term liabilities (₹355.6M).
Long Term Liabilities: 539985's short term assets (₹534.2M) exceed its long term liabilities (₹62.0M).
Debt to Equity History and Analysis
Debt Level: 539985's net debt to equity ratio (215.7%) is considered high.
Reducing Debt: 539985's debt to equity ratio has reduced from 287.4% to 236.8% over the past 5 years.
Debt Coverage: 539985's debt is not well covered by operating cash flow (8.5%).
Interest Coverage: 539985's interest payments on its debt are not well covered by EBIT (1.5x coverage).