Transwarranty Finance Balance Sheet Health
Financial Health criteria checks 2/6
Transwarranty Finance has a total shareholder equity of ₹346.5M and total debt of ₹383.7M, which brings its debt-to-equity ratio to 110.7%. Its total assets and total liabilities are ₹989.7M and ₹643.2M respectively.
Key information
110.7%
Debt to equity ratio
₹383.71m
Debt
Interest coverage ratio | n/a |
Cash | ₹83.83m |
Equity | ₹346.50m |
Total liabilities | ₹643.21m |
Total assets | ₹989.72m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TFL's short term assets (₹462.1M) exceed its short term liabilities (₹234.9M).
Long Term Liabilities: TFL's short term assets (₹462.1M) exceed its long term liabilities (₹408.4M).
Debt to Equity History and Analysis
Debt Level: TFL's net debt to equity ratio (86.5%) is considered high.
Reducing Debt: TFL's debt to equity ratio has increased from 62% to 110.7% over the past 5 years.
Debt Coverage: TFL's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if TFL's interest payments on its debt are well covered by EBIT.