Tilak Ventures Balance Sheet Health
Financial Health criteria checks 6/6
Tilak Ventures has a total shareholder equity of ₹829.2M and total debt of ₹239.0K, which brings its debt-to-equity ratio to 0.03%. Its total assets and total liabilities are ₹833.2M and ₹4.0M respectively. Tilak Ventures's EBIT is ₹94.7M making its interest coverage ratio -4757.9. It has cash and short-term investments of ₹758.2M.
Key information
0.03%
Debt to equity ratio
₹239.00k
Debt
| Interest coverage ratio | -4757.9x |
| Cash | ₹758.20m |
| Equity | ₹829.15m |
| Total liabilities | ₹4.04m |
| Total assets | ₹833.19m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 503663's short term assets (₹817.3M) exceed its short term liabilities (₹4.0M).
Long Term Liabilities: 503663 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 503663 has more cash than its total debt.
Reducing Debt: 503663's debt to equity ratio has reduced from 9% to 0.03% over the past 5 years.
Debt Coverage: 503663's debt is well covered by operating cash flow (21055.4%).
Interest Coverage: 503663 earns more interest than it pays, so coverage of interest payments is not a concern.