Tilaknagar Industries Balance Sheet Health
Financial Health criteria checks 6/6
Tilaknagar Industries has a total shareholder equity of ₹7.5B and total debt of ₹923.7M, which brings its debt-to-equity ratio to 12.4%. Its total assets and total liabilities are ₹11.7B and ₹4.2B respectively. Tilaknagar Industries's EBIT is ₹2.0B making its interest coverage ratio 24.8. It has cash and short-term investments of ₹1.1B.
Key information
12.4%
Debt to equity ratio
₹923.67m
Debt
| Interest coverage ratio | 24.8x |
| Cash | ₹1.15b |
| Equity | ₹7.45b |
| Total liabilities | ₹4.20b |
| Total assets | ₹11.66b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507205's short term assets (₹7.3B) exceed its short term liabilities (₹3.1B).
Long Term Liabilities: 507205's short term assets (₹7.3B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: 507205 has more cash than its total debt.
Reducing Debt: 507205 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 507205's debt is well covered by operating cash flow (200.7%).
Interest Coverage: 507205's interest payments on its debt are well covered by EBIT (24.8x coverage).