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
Here's Why Trident (NSE:TRIDENT) Can Manage Its Debt Responsibly
Mar 26
Trident (NSE:TRIDENT) Seems To Use Debt Quite Sensibly
Sep 02Here's Why Trident (NSE:TRIDENT) Can Manage Its Debt Responsibly
May 26Does Trident (NSE:TRIDENT) Have A Healthy Balance Sheet?
Jun 29These 4 Measures Indicate That Trident (NSE:TRIDENT) Is Using Debt Safely
Feb 09We Think Trident (NSE:TRIDENT) Can Manage Its Debt With Ease
Sep 02Recent updates
Be Wary Of Trident (NSE:TRIDENT) And Its Returns On Capital
Nov 05Getting In Cheap On Trident Limited (NSE:TRIDENT) Might Be Difficult
Oct 10Trident (NSE:TRIDENT) Has Affirmed Its Dividend Of ₹0.36
May 23Trident (NSE:TRIDENT) Will Want To Turn Around Its Return Trends
May 21There's Reason For Concern Over Trident Limited's (NSE:TRIDENT) Price
Apr 22Here's Why Trident (NSE:TRIDENT) Can Manage Its Debt Responsibly
Mar 26Trident Limited's (NSE:TRIDENT) Price Is Out Of Tune With Earnings
Jan 03Here's What To Make Of Trident's (NSE:TRIDENT) Decelerating Rates Of Return
Dec 12Trident (NSE:TRIDENT) Seems To Use Debt Quite Sensibly
Sep 02Trident (NSE:TRIDENT) Shareholders Will Want The ROCE Trajectory To Continue
Jul 14Here's Why Trident (NSE:TRIDENT) Can Manage Its Debt Responsibly
May 26There's Been No Shortage Of Growth Recently For Trident's (NSE:TRIDENT) Returns On Capital
Mar 16We Ran A Stock Scan For Earnings Growth And Trident (NSE:TRIDENT) Passed With Ease
Jan 21Trident (NSE:TRIDENT) Is Investing Its Capital With Increasing Efficiency
Nov 29Here's Why We Think Trident (NSE:TRIDENT) Is Well Worth Watching
Jul 14Does Trident (NSE:TRIDENT) Have A Healthy Balance Sheet?
Jun 29Are Trident Limited (NSE:TRIDENT) Investors Paying Above The Intrinsic Value?
Jun 14The Trend Of High Returns At Trident (NSE:TRIDENT) Has Us Very Interested
Apr 29I Ran A Stock Scan For Earnings Growth And Trident (NSE:TRIDENT) Passed With Ease
Mar 17These 4 Measures Indicate That Trident (NSE:TRIDENT) Is Using Debt Safely
Feb 09One Analyst's Earnings Estimates For Trident Limited (NSE:TRIDENT) Are Surging Higher
Jan 21We Like Trident's (NSE:TRIDENT) Returns And Here's How They're Trending
Jan 19Here's Why I Think Trident (NSE:TRIDENT) Might Deserve Your Attention Today
Dec 06We Like These Underlying Return On Capital Trends At Trident (NSE:TRIDENT)
Oct 15Should You Investigate Trident Limited (NSE:TRIDENT) At ₹23.75?
Sep 19We Think Trident (NSE:TRIDENT) Can Manage Its Debt With Ease
Sep 02Does Trident (NSE:TRIDENT) Deserve A Spot On Your Watchlist?
Aug 15At ₹16.00, Is Trident Limited (NSE:TRIDENT) Worth Looking At Closely?
Jun 07Earnings Miss: Trident Limited Missed EPS By 13% And Analysts Are Revising Their Forecasts
May 19Financial Position Analysis
Short Term Liabilities: TRIDENT's short term assets (₹20.7B) exceed its short term liabilities (₹11.8B).
Long Term Liabilities: TRIDENT's short term assets (₹20.7B) exceed its long term liabilities (₹13.8B).
Debt to Equity History and Analysis
Debt Level: TRIDENT's net debt to equity ratio (26.3%) is considered satisfactory.
Reducing Debt: TRIDENT's debt to equity ratio has reduced from 60.7% to 36.2% over the past 5 years.
Debt Coverage: TRIDENT's debt is well covered by operating cash flow (40.7%).
Interest Coverage: TRIDENT's interest payments on its debt are well covered by EBIT (3.9x coverage).