Tai Industries Balance Sheet Health
Financial Health criteria checks 3/6
Tai Industries has a total shareholder equity of ₹278.7M and total debt of ₹11.7M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are ₹780.8M and ₹502.1M respectively.
Key information
4.2%
Debt to equity ratio
₹11.73m
Debt
Interest coverage ratio | n/a |
Cash | ₹49.38m |
Equity | ₹278.75m |
Total liabilities | ₹502.08m |
Total assets | ₹780.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 519483's short term assets (₹702.8M) exceed its short term liabilities (₹493.1M).
Long Term Liabilities: 519483's short term assets (₹702.8M) exceed its long term liabilities (₹8.9M).
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 4.2% 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.