Tai Industries Balance Sheet Health
Financial Health criteria checks 3/6
Tai Industries has a total shareholder equity of ₹299.6M and total debt of ₹23.4M, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are ₹735.6M and ₹436.0M respectively.
Key information
7.8%
Debt to equity ratio
₹23.40m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹48.55m |
| Equity | ₹299.63m |
| Total liabilities | ₹435.98m |
| Total assets | ₹735.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 519483's short term assets (₹557.5M) exceed its short term liabilities (₹426.2M).
Long Term Liabilities: 519483's short term assets (₹557.5M) exceed its long term liabilities (₹9.7M).
Debt to Equity History and Analysis
Debt Level: 519483 has more cash than its total debt.
Reducing Debt: 519483's debt to equity ratio has increased from 0% to 7.8% over the past 5 years.
Debt Coverage: 519483's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 519483's interest payments on its debt are well covered by EBIT.