TAJGVK Hotels & Resorts Balance Sheet Health
Financial Health criteria checks 6/6
TAJGVK Hotels & Resorts has a total shareholder equity of ₹5.5B and total debt of ₹641.6M, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are ₹8.2B and ₹2.7B respectively. TAJGVK Hotels & Resorts's EBIT is ₹1.2B making its interest coverage ratio 9.1. It has cash and short-term investments of ₹732.1M.
Key information
11.7%
Debt to equity ratio
₹641.60m
Debt
| Interest coverage ratio | 9.1x |
| Cash | ₹732.10m |
| Equity | ₹5.48b |
| Total liabilities | ₹2.70b |
| Total assets | ₹8.18b |
Recent financial health updates
TAJGVK Hotels & Resorts (NSE:TAJGVK) Seems To Use Debt Quite Sensibly
Feb 06
We Think TAJGVK Hotels & Resorts (NSE:TAJGVK) Is Taking Some Risk With Its Debt
Nov 30
Does TAJGVK Hotels & Resorts (NSE:TAJGVK) Have A Healthy Balance Sheet?
Jul 13Recent updates
We Like These Underlying Return On Capital Trends At TAJGVK Hotels & Resorts (NSE:TAJGVK)
Mar 28TAJGVK Hotels & Resorts (NSE:TAJGVK) Seems To Use Debt Quite Sensibly
Feb 06There's No Escaping TAJGVK Hotels & Resorts Limited's (NSE:TAJGVK) Muted Earnings Despite A 28% Share Price Rise
Feb 06We Think Some Shareholders May Hesitate To Increase TAJGVK Hotels & Resorts Limited's (NSE:TAJGVK) CEO Compensation
Sep 09Investors Shouldn't Overlook TAJGVK Hotels & Resorts' (NSE:TAJGVK) Impressive Returns On Capital
Jul 12TAJGVK Hotels & Resorts' (NSE:TAJGVK) Promising Earnings May Rest On Soft Foundations
Nov 17Slowing Rates Of Return At TAJGVK Hotels & Resorts (NSE:TAJGVK) Leave Little Room For Excitement
Jun 28What Kind Of Shareholders Hold The Majority In TAJGVK Hotels & Resorts Limited's (NSE:TAJGVK) Shares?
Feb 15How Has TAJGVK Hotels & Resorts (NSE:TAJGVK) Allocated Its Capital?
Jan 18What Does TAJGVK Hotels & Resorts' (NSE:TAJGVK) CEO Pay Reveal?
Dec 28We Think TAJGVK Hotels & Resorts (NSE:TAJGVK) Is Taking Some Risk With Its Debt
Nov 30If You Had Bought TAJGVK Hotels & Resorts (NSE:TAJGVK) Stock Five Years Ago, You Could Pocket A 68% Gain Today
Nov 03The Returns At TAJGVK Hotels & Resorts (NSE:TAJGVK) Provide Us With Signs Of What's To Come
Oct 08A Quick Analysis On TAJGVK Hotels & Resorts' (NSE:TAJGVK) CEO Compensation
Sep 11Estimating The Fair Value Of TAJGVK Hotels & Resorts Limited (NSE:TAJGVK)
Aug 21If You Had Bought TAJGVK Hotels & Resorts (NSE:TAJGVK) Shares Five Years Ago You'd Have Earned92% Returns
Jul 29Does TAJGVK Hotels & Resorts (NSE:TAJGVK) Have A Healthy Balance Sheet?
Jul 13TAJGVK Hotels & Resorts Limited (NSE:TAJGVK) Earns A Nice Return On Capital Employed
Jun 23Financial Position Analysis
Short Term Liabilities: TAJGVK's short term assets (₹1.5B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: TAJGVK's short term assets (₹1.5B) exceed its long term liabilities (₹1.3B).
Debt to Equity History and Analysis
Debt Level: TAJGVK has more cash than its total debt.
Reducing Debt: TAJGVK's debt to equity ratio has reduced from 50.2% to 11.7% over the past 5 years.
Debt Coverage: TAJGVK's debt is well covered by operating cash flow (192.9%).
Interest Coverage: TAJGVK's interest payments on its debt are well covered by EBIT (9.1x coverage).