Tinna Trade Balance Sheet Health
Financial Health criteria checks 4/6
Tinna Trade has a total shareholder equity of ₹291.6M and total debt of ₹356.4M, which brings its debt-to-equity ratio to 122.2%. Its total assets and total liabilities are ₹814.4M and ₹522.8M respectively. Tinna Trade's EBIT is ₹32.1M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹75.6M.
Key information
122.2%
Debt to equity ratio
₹356.36m
Debt
Interest coverage ratio | 1.3x |
Cash | ₹75.57m |
Equity | ₹291.61m |
Total liabilities | ₹522.77m |
Total assets | ₹814.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541741's short term assets (₹684.0M) exceed its short term liabilities (₹475.1M).
Long Term Liabilities: 541741's short term assets (₹684.0M) exceed its long term liabilities (₹47.7M).
Debt to Equity History and Analysis
Debt Level: 541741's net debt to equity ratio (96.3%) is considered high.
Reducing Debt: 541741's debt to equity ratio has increased from 97% to 122.2% 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 541741 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 541741 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 32.6% per year.