Tyroon Tea Balance Sheet Health
Financial Health criteria checks 5/6
Tyroon Tea has a total shareholder equity of ₹432.5M and total debt of ₹22.6M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are ₹622.4M and ₹190.0M respectively. Tyroon Tea's EBIT is ₹2.1M making its interest coverage ratio 0.6. It has cash and short-term investments of ₹204.3M.
Key information
5.2%
Debt to equity ratio
₹22.59m
Debt
Interest coverage ratio | 0.6x |
Cash | ₹204.32m |
Equity | ₹432.48m |
Total liabilities | ₹189.96m |
Total assets | ₹622.44m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526945's short term assets (₹400.5M) exceed its short term liabilities (₹105.4M).
Long Term Liabilities: 526945's short term assets (₹400.5M) exceed its long term liabilities (₹84.5M).
Debt to Equity History and Analysis
Debt Level: 526945 has more cash than its total debt.
Reducing Debt: 526945's debt to equity ratio has reduced from 8.9% to 5.2% over the past 5 years.
Debt Coverage: 526945's debt is well covered by operating cash flow (213.7%).
Interest Coverage: 526945's interest payments on its debt are not well covered by EBIT (0.6x coverage).