Trident Balance Sheet Health
Financial Health criteria checks 5/6
Trident has a total shareholder equity of ₹43.2B and total debt of ₹20.6B, which brings its debt-to-equity ratio to 47.7%. Its total assets and total liabilities are ₹75.6B and ₹32.5B respectively. Trident's EBIT is ₹5.6B making its interest coverage ratio 3.6. It has cash and short-term investments of ₹5.3B.
Key information
47.7%
Debt to equity ratio
₹20.61b
Debt
Interest coverage ratio | 3.6x |
Cash | ₹5.31b |
Equity | ₹43.18b |
Total liabilities | ₹32.46b |
Total assets | ₹75.63b |
Recent financial health updates
Here's Why Trident (NSE:TRIDENT) Can Manage Its Debt Responsibly
Mar 26Trident (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
Trident (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 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 21Financial Position Analysis
Short Term Liabilities: TRIDENT's short term assets (₹27.0B) exceed its short term liabilities (₹17.0B).
Long Term Liabilities: TRIDENT's short term assets (₹27.0B) exceed its long term liabilities (₹15.4B).
Debt to Equity History and Analysis
Debt Level: TRIDENT's net debt to equity ratio (35.4%) is considered satisfactory.
Reducing Debt: TRIDENT's debt to equity ratio has reduced from 81.9% to 47.7% over the past 5 years.
Debt Coverage: TRIDENT's debt is not well covered by operating cash flow (13.9%).
Interest Coverage: TRIDENT's interest payments on its debt are well covered by EBIT (3.6x coverage).