TTK Prestige Balance Sheet Health
Financial Health criteria checks 6/6
TTK Prestige has a total shareholder equity of ₹19.6B and total debt of ₹1.6B, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are ₹27.1B and ₹7.4B respectively. TTK Prestige's EBIT is ₹2.4B making its interest coverage ratio -13.6. It has cash and short-term investments of ₹8.3B.
Key information
8.3%
Debt to equity ratio
₹1.62b
Debt
Interest coverage ratio | -13.6x |
Cash | ₹8.31b |
Equity | ₹19.63b |
Total liabilities | ₹7.44b |
Total assets | ₹27.07b |
Recent financial health updates
Is TTK Prestige (NSE:TTKPRESTIG) Using Too Much Debt?
Feb 04Is TTK Prestige (NSE:TTKPRESTIG) Using Too Much Debt?
Jun 11We Think TTK Prestige (NSE:TTKPRESTIG) Can Manage Its Debt With Ease
Jan 01Is TTK Prestige (NSE:TTKPRESTIG) Using Too Much Debt?
Sep 24TTK Prestige (NSE:TTKPRESTIG) Seems To Use Debt Rather Sparingly
Jun 07Does TTK Prestige (NSE:TTKPRESTIG) Have A Healthy Balance Sheet?
Dec 29Recent updates
Capital Allocation Trends At TTK Prestige (NSE:TTKPRESTIG) Aren't Ideal
Jan 17TTK Prestige (NSE:TTKPRESTIG) Is Paying Out A Larger Dividend Than Last Year
Jul 13TTK Prestige's (NSE:TTKPRESTIG) Shareholders Will Receive A Bigger Dividend Than Last Year
Jun 29Returns On Capital At TTK Prestige (NSE:TTKPRESTIG) Have Stalled
May 06Is TTK Prestige (NSE:TTKPRESTIG) Using Too Much Debt?
Feb 04Why You Should Care About TTK Prestige's (NSE:TTKPRESTIG) Strong Returns On Capital
Dec 22Here's Why TTK Prestige (NSE:TTKPRESTIG) Has Caught The Eye Of Investors
Oct 28TTK Prestige (NSE:TTKPRESTIG) Could Become A Multi-Bagger
Sep 23We Ran A Stock Scan For Earnings Growth And TTK Prestige (NSE:TTKPRESTIG) Passed With Ease
Jun 29Is TTK Prestige (NSE:TTKPRESTIG) Using Too Much Debt?
Jun 11TTK Prestige (NSE:TTKPRESTIG) Looks To Prolong Its Impressive Returns
May 24Many Would Be Envious Of TTK Prestige's (NSE:TTKPRESTIG) Excellent Returns On Capital
Feb 23We Think TTK Prestige (NSE:TTKPRESTIG) Can Manage Its Debt With Ease
Jan 01Is Now The Time To Put TTK Prestige (NSE:TTKPRESTIG) On Your Watchlist?
Nov 24Capital Investment Trends At TTK Prestige (NSE:TTKPRESTIG) Look Strong
Nov 06Is TTK Prestige (NSE:TTKPRESTIG) Using Too Much Debt?
Sep 24TTK Prestige (NSE:TTKPRESTIG) Seems To Use Debt Rather Sparingly
Jun 07TTK Prestige (NSE:TTKPRESTIG) Will Will Want To Turn Around Its Return Trends
May 14Shareholders Are Thrilled That The TTK Prestige (NSE:TTKPRESTIG) Share Price Increased 105%
Mar 17Why TTK Prestige Limited (NSE:TTKPRESTIG) Should Be In Your Dividend Portfolio
Feb 23Here's What We Learned About The CEO Pay At TTK Prestige Limited (NSE:TTKPRESTIG)
Feb 09Should We Be Excited About The Trends Of Returns At TTK Prestige (NSE:TTKPRESTIG)?
Jan 25Has TTK Prestige Limited's (NSE:TTKPRESTIG) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Jan 11Does TTK Prestige (NSE:TTKPRESTIG) Have A Healthy Balance Sheet?
Dec 29The TTK Prestige (NSE:TTKPRESTIG) Share Price Has Gained 64% And Shareholders Are Hoping For More
Dec 14Are TTK Prestige's (NSE:TTKPRESTIG) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Nov 30Why You Might Be Interested In TTK Prestige Limited (NSE:TTKPRESTIG) For Its Upcoming Dividend
Nov 15TTK Prestige Limited Just Beat Revenue Estimates By 17%
Nov 12What To Know Before Buying TTK Prestige Limited (NSE:TTKPRESTIG) For Its Dividend
Nov 11Here's What To Make Of TTK Prestige's (NSE:TTKPRESTIG) Returns On Capital
Oct 23Is TTK Prestige Limited's(NSE:TTKPRESTIG) Recent Stock Performance Tethered To Its Strong Fundamentals?
Oct 05What Can We Learn About TTK Prestige's (NSE:TTKPRESTIG) CEO Compensation?
Sep 16Introducing TTK Prestige (NSE:TTKPRESTIG), A Stock That Climbed 76% In The Last Five Years
Aug 28How Does TTK Prestige Limited (NSE:TTKPRESTIG) Fare As A Dividend Stock?
Aug 13Is TTK Prestige (NSE:TTKPRESTIG) Using Too Much Debt?
Aug 12Financial Position Analysis
Short Term Liabilities: TTKPRESTIG's short term assets (₹19.4B) exceed its short term liabilities (₹6.1B).
Long Term Liabilities: TTKPRESTIG's short term assets (₹19.4B) exceed its long term liabilities (₹1.4B).
Debt to Equity History and Analysis
Debt Level: TTKPRESTIG has more cash than its total debt.
Reducing Debt: TTKPRESTIG's debt to equity ratio has reduced from 9.2% to 8.3% over the past 5 years.
Debt Coverage: TTKPRESTIG's debt is well covered by operating cash flow (164.2%).
Interest Coverage: TTKPRESTIG earns more interest than it pays, so coverage of interest payments is not a concern.