Tai Industries Balance Sheet Health
Financial Health criteria checks 3/6
Tai Industries has a total shareholder equity of ₹289.6M and total debt of ₹17.8M, which brings its debt-to-equity ratio to 6.1%. Its total assets and total liabilities are ₹715.1M and ₹425.6M respectively.
Key information
6.1%
Debt to equity ratio
₹17.79m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹34.98m |
| Equity | ₹289.57m |
| Total liabilities | ₹425.58m |
| Total assets | ₹715.15m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 519483's short term assets (₹596.1M) exceed its short term liabilities (₹416.9M).
Long Term Liabilities: 519483's short term assets (₹596.1M) exceed its long term liabilities (₹8.7M).
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 6.1% 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.