Titan Securities Balance Sheet Health
Financial Health criteria checks 6/6
Titan Securities has a total shareholder equity of ₹853.4M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹875.6M and ₹22.1M respectively. Titan Securities's EBIT is ₹13.2M making its interest coverage ratio 1472.1. It has cash and short-term investments of ₹421.0K.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 1472.1x |
| Cash | ₹421.00k |
| Equity | ₹853.45m |
| Total liabilities | ₹22.12m |
| Total assets | ₹875.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530045's short term assets (₹142.5M) exceed its short term liabilities (₹471.0K).
Long Term Liabilities: 530045's short term assets (₹142.5M) exceed its long term liabilities (₹21.6M).
Debt to Equity History and Analysis
Debt Level: 530045 is debt free.
Reducing Debt: 530045 has no debt compared to 5 years ago when its debt to equity ratio was 38.2%.
Debt Coverage: 530045 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 530045 has no debt, therefore coverage of interest payments is not a concern.