TGB Banquets and Hotels Balance Sheet Health
Financial Health criteria checks 6/6
TGB Banquets and Hotels has a total shareholder equity of ₹744.8M and total debt of ₹41.1M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are ₹1.2B and ₹442.4M respectively.
Key information
5.5%
Debt to equity ratio
₹41.10m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹4.16m |
| Equity | ₹744.85m |
| Total liabilities | ₹442.37m |
| Total assets | ₹1.19b |
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
We Take A Look At Why TGB Banquets and Hotels Limited's (NSE:TGBHOTELS) CEO Has Earned Their Pay Packet
Sep 17Would 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 (₹868.6M) exceed its short term liabilities (₹306.0M).
Long Term Liabilities: TGBHOTELS's short term assets (₹868.6M) exceed its long term liabilities (₹136.4M).
Debt to Equity History and Analysis
Debt Level: TGBHOTELS's net debt to equity ratio (5%) is considered satisfactory.
Reducing Debt: TGBHOTELS's debt to equity ratio has reduced from 13% to 5.5% 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 TGBHOTELS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TGBHOTELS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 21.7% per year.