T.T Balance Sheet Health
Financial Health criteria checks 5/6
T.T has a total shareholder equity of ₹676.9M and total debt of ₹1.4B, which brings its debt-to-equity ratio to 206.7%. Its total assets and total liabilities are ₹2.3B and ₹1.6B respectively. T.T's EBIT is ₹87.3M making its interest coverage ratio 0.5. It has cash and short-term investments of ₹4.3M.
Key information
206.7%
Debt to equity ratio
₹1.40b
Debt
| Interest coverage ratio | 0.5x |
| Cash | ₹4.28m |
| Equity | ₹676.86m |
| Total liabilities | ₹1.61b |
| Total assets | ₹2.29b |
Recent financial health updates
These 4 Measures Indicate That T.T (NSE:TTL) Is Using Debt Extensively
Jan 03
Here's Why T.T (NSE:TTL) Has A Meaningful Debt Burden
Sep 03These 4 Measures Indicate That T.T (NSE:TTL) Is Using Debt Reasonably Well
Feb 15Is T.T (NSE:TTL) Using Too Much Debt?
Feb 10Recent updates
These Return Metrics Don't Make T.T (NSE:TTL) Look Too Strong
Feb 28T.T. Limited's (NSE:TTL) Shares May Have Run Too Fast Too Soon
Aug 11These 4 Measures Indicate That T.T (NSE:TTL) Is Using Debt Extensively
Jan 03Here's Why T.T (NSE:TTL) Has A Meaningful Debt Burden
Sep 03We Like T.T's (NSE:TTL) Returns And Here's How They're Trending
Jun 15These 4 Measures Indicate That T.T (NSE:TTL) Is Using Debt Reasonably Well
Feb 15Why We Like The Returns At T.T (NSE:TTL)
Dec 31T.T's (NSE:TTL) Robust Earnings Are Supported By Other Strong Factors
Oct 27T.T (NSE:TTL) Has More To Do To Multiply In Value Going Forward
Jul 22Are Investors Concerned With What's Going On At T.T (NSE:TTL)?
Mar 18Is T.T (NSE:TTL) Using Too Much Debt?
Feb 10Insider Buying: The T.T. Limited (NSE:TTL) Executive Chairman Just Bought ₹479k Worth Of Shares
Jan 06The MD & Whole Time Director of T.T. Limited (NSE:TTL), Sanjay Jain, Just Bought 1.7% More Shares
Dec 22
Did T.T. Limited (NSE:TTL) Insiders Buy Up More Shares?
Nov 30How Has T.T (NSE:TTL) Allocated Its Capital?
Oct 27Did T.T. Limited (NSE:TTL) Insiders Buy Up More Shares?
Sep 01Financial Position Analysis
Short Term Liabilities: TTL's short term assets (₹1.3B) exceed its short term liabilities (₹1.0B).
Long Term Liabilities: TTL's short term assets (₹1.3B) exceed its long term liabilities (₹575.3M).
Debt to Equity History and Analysis
Debt Level: TTL's net debt to equity ratio (206.1%) is considered high.
Reducing Debt: TTL's debt to equity ratio has reduced from 330.8% to 206.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable TTL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TTL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 1.5% per year.