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
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
There'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 19Returns On Capital At Trident (NSE:TRIDENT) Have Hit The Brakes
May 14Estimating The Fair Value Of Trident Limited (NSE:TRIDENT)
Mar 08Trident (NSE:TRIDENT) Has A Pretty Healthy Balance Sheet
Feb 23Rainbows and Unicorns: The Trident Limited (NSE:TRIDENT) Analyst Just Became A Lot More Optimistic
Jan 21When Should You Buy Trident Limited (NSE:TRIDENT)?
Jan 19Should You Be Worried About Trident's (NSE:TRIDENT) Returns On Capital?
Jan 04
Financial Position Analysis
Short Term Liabilities: TRIDENT's short term assets (₹20.2B) exceed its short term liabilities (₹14.1B).
Long Term Liabilities: TRIDENT's short term assets (₹20.2B) exceed its long term liabilities (₹14.7B).
Debt to Equity History and Analysis
Debt Level: TRIDENT's net debt to equity ratio (30.4%) is considered satisfactory.
Reducing Debt: TRIDENT's debt to equity ratio has reduced from 86.7% to 40.1% over the past 5 years.
Debt Coverage: TRIDENT's debt is well covered by operating cash flow (51%).
Interest Coverage: TRIDENT's interest payments on its debt are well covered by EBIT (5.8x coverage).