Tilak Ventures Balance Sheet Health
Financial Health criteria checks 4/6
Tilak Ventures has a total shareholder equity of ₹762.1M and total debt of ₹24.6M, which brings its debt-to-equity ratio to 3.2%. Its total assets and total liabilities are ₹796.3M and ₹34.2M respectively. Tilak Ventures's EBIT is ₹54.1M making its interest coverage ratio 64. It has cash and short-term investments of ₹698.7M.
Key information
3.2%
Debt to equity ratio
₹24.58m
Debt
Interest coverage ratio | 64x |
Cash | ₹698.73m |
Equity | ₹762.14m |
Total liabilities | ₹34.15m |
Total assets | ₹796.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 503663's short term assets (₹785.1M) exceed its short term liabilities (₹34.2M).
Long Term Liabilities: 503663's short term assets (₹785.1M) do not cover its long term liabilities (₹-100.0).
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 8.4% to 3.2% over the past 5 years.
Debt Coverage: 503663's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 503663's interest payments on its debt are well covered by EBIT (64x coverage).