Tanvi Foods (India) Balance Sheet Health
Financial Health criteria checks 4/6
Tanvi Foods (India) has a total shareholder equity of ₹565.3M and total debt of ₹233.1M, which brings its debt-to-equity ratio to 41.2%. Its total assets and total liabilities are ₹918.0M and ₹352.6M respectively. Tanvi Foods (India)'s EBIT is ₹31.1M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹36.8M.
Key information
41.2%
Debt to equity ratio
₹233.08m
Debt
Interest coverage ratio | 1.3x |
Cash | ₹36.76m |
Equity | ₹565.33m |
Total liabilities | ₹352.64m |
Total assets | ₹917.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540332's short term assets (₹580.8M) exceed its short term liabilities (₹257.7M).
Long Term Liabilities: 540332's short term assets (₹580.8M) exceed its long term liabilities (₹95.0M).
Debt to Equity History and Analysis
Debt Level: 540332's net debt to equity ratio (34.7%) is considered satisfactory.
Reducing Debt: 540332's debt to equity ratio has reduced from 80.3% to 41.2% over the past 5 years.
Debt Coverage: 540332's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 540332's interest payments on its debt are not well covered by EBIT (1.3x coverage).