Tata Consumer Products Balance Sheet Health
Financial Health criteria checks 6/6
Tata Consumer Products has a total shareholder equity of ₹205.2B and total debt of ₹24.0B, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are ₹309.7B and ₹104.5B respectively. Tata Consumer Products's EBIT is ₹19.9B making its interest coverage ratio 21.2. It has cash and short-term investments of ₹24.0B.
Key information
11.7%
Debt to equity ratio
₹23.97b
Debt
| Interest coverage ratio | 21.2x |
| Cash | ₹23.99b |
| Equity | ₹205.16b |
| Total liabilities | ₹104.53b |
| Total assets | ₹309.70b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500800's short term assets (₹78.4B) exceed its short term liabilities (₹54.2B).
Long Term Liabilities: 500800's short term assets (₹78.4B) exceed its long term liabilities (₹50.4B).
Debt to Equity History and Analysis
Debt Level: 500800 has more cash than its total debt.
Reducing Debt: 500800's debt to equity ratio has reduced from 14.7% to 11.7% over the past 5 years.
Debt Coverage: 500800's debt is well covered by operating cash flow (74.8%).
Interest Coverage: 500800's interest payments on its debt are well covered by EBIT (21.2x coverage).