Touchwood Entertainment Balance Sheet Health
Financial Health criteria checks 6/6
Touchwood Entertainment has a total shareholder equity of ₹360.6M and total debt of ₹15.4M, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are ₹572.5M and ₹211.9M respectively. Touchwood Entertainment's EBIT is ₹36.1M making its interest coverage ratio -6.7. It has cash and short-term investments of ₹165.8M.
Key information
4.3%
Debt to equity ratio
₹15.44m
Debt
| Interest coverage ratio | -6.7x |
| Cash | ₹165.84m |
| Equity | ₹360.65m |
| Total liabilities | ₹211.90m |
| Total assets | ₹572.55m |
Recent financial health updates
No updates
Recent updates
Touchwood Entertainment's (NSE:TOUCHWOOD) Upcoming Dividend Will Be Larger Than Last Year's
Sep 07
Touchwood Entertainment Limited's (NSE:TOUCHWOOD) Earnings Haven't Escaped The Attention Of Investors
Aug 08Some Touchwood Entertainment Limited (NSE:TOUCHWOOD) Shareholders Look For Exit As Shares Take 27% Pounding
Mar 15Does Touchwood Entertainment (NSE:TOUCHWOOD) Deserve A Spot On Your Watchlist?
Apr 18With EPS Growth And More, Touchwood Entertainment (NSE:TOUCHWOOD) Makes An Interesting Case
Jan 12Does Touchwood Entertainment (NSE:TOUCHWOOD) Deserve A Spot On Your Watchlist?
Sep 15Investors In Touchwood Entertainment Limited (NSE:TOUCHWOOD) Should Consider This, First
Dec 17
Financial Position Analysis
Short Term Liabilities: TOUCHWOOD's short term assets (₹481.4M) exceed its short term liabilities (₹192.1M).
Long Term Liabilities: TOUCHWOOD's short term assets (₹481.4M) exceed its long term liabilities (₹19.8M).
Debt to Equity History and Analysis
Debt Level: TOUCHWOOD has more cash than its total debt.
Reducing Debt: TOUCHWOOD's debt to equity ratio has reduced from 4.7% to 4.3% over the past 5 years.
Debt Coverage: TOUCHWOOD's debt is well covered by operating cash flow (669.9%).
Interest Coverage: TOUCHWOOD earns more interest than it pays, so coverage of interest payments is not a concern.