TBO Tek Balance Sheet Health
Financial Health criteria checks 5/6
TBO Tek has a total shareholder equity of ₹5.4B and total debt of ₹2.1B, which brings its debt-to-equity ratio to 38.6%. Its total assets and total liabilities are ₹48.6B and ₹43.1B respectively. TBO Tek's EBIT is ₹2.5B making its interest coverage ratio 72. It has cash and short-term investments of ₹7.5B.
Key information
38.6%
Debt to equity ratio
₹2.10b
Debt
| Interest coverage ratio | 72x |
| Cash | ₹7.51b |
| Equity | ₹5.45b |
| Total liabilities | ₹43.13b |
| Total assets | ₹48.57b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: TBOTEK's short term assets (₹44.8B) exceed its short term liabilities (₹40.6B).
Long Term Liabilities: TBOTEK's short term assets (₹44.8B) exceed its long term liabilities (₹2.6B).
Debt to Equity History and Analysis
Debt Level: TBOTEK has more cash than its total debt.
Reducing Debt: TBOTEK's debt to equity ratio has increased from 0% to 38.6% over the past 5 years.
Debt Coverage: TBOTEK's debt is well covered by operating cash flow (107.6%).
Interest Coverage: TBOTEK's interest payments on its debt are well covered by EBIT (72x coverage).