TGB Banquets and Hotels Balance Sheet Health
Financial Health criteria checks 4/6
TGB Banquets and Hotels has a total shareholder equity of ₹779.3M and total debt of ₹148.3M, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are ₹1.3B and ₹504.2M respectively.
Key information
19.0%
Debt to equity ratio
₹148.28m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹5.51m |
| Equity | ₹779.34m |
| Total liabilities | ₹504.21m |
| Total assets | ₹1.28b |
Recent financial health updates
Would TGB Banquets and Hotels (NSE:TGBHOTELS) Be Better Off With Less Debt?
Sep 02
Is TGB Banquets and Hotels (NSE:TGBHOTELS) A Risky Investment?
Jul 03Does TGB Banquets and Hotels (NSE:TGBHOTELS) Have A Healthy Balance Sheet?
Dec 10Recent updates
Would TGB Banquets and Hotels (NSE:TGBHOTELS) Be Better Off With Less Debt?
Sep 02Here's Why Shareholders Will Not Be Complaining About TGB Banquets and Hotels Limited's (NSE:TGBHOTELS) CEO Pay Packet
Sep 24Is TGB Banquets and Hotels (NSE:TGBHOTELS) A Risky Investment?
Jul 03Does TGB Banquets and Hotels (NSE:TGBHOTELS) Have A Healthy Balance Sheet?
Dec 10Financial Position Analysis
Short Term Liabilities: TGBHOTELS's short term assets (₹1.0B) exceed its short term liabilities (₹460.3M).
Long Term Liabilities: TGBHOTELS's short term assets (₹1.0B) exceed its long term liabilities (₹43.9M).
Debt to Equity History and Analysis
Debt Level: TGBHOTELS's net debt to equity ratio (18.3%) is considered satisfactory.
Reducing Debt: TGBHOTELS's debt to equity ratio has increased from 10.5% to 19% over the past 5 years.
Debt Coverage: TGBHOTELS's debt is well covered by operating cash flow (33.5%).
Interest Coverage: Insufficient data to determine if TGBHOTELS's interest payments on its debt are well covered by EBIT.