Tapi Fruit Processing Balance Sheet Health
Financial Health criteria checks 5/6
Tapi Fruit Processing has a total shareholder equity of ₹122.0M and total debt of ₹4.9M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are ₹141.5M and ₹19.5M respectively. Tapi Fruit Processing's EBIT is ₹1.3M making its interest coverage ratio -3.6. It has cash and short-term investments of ₹32.4M.
Key information
4.0%
Debt to equity ratio
₹4.87m
Debt
| Interest coverage ratio | -3.6x |
| Cash | ₹32.38m |
| Equity | ₹122.00m |
| Total liabilities | ₹19.55m |
| Total assets | ₹141.55m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TAPIFRUIT's short term assets (₹85.6M) exceed its short term liabilities (₹17.1M).
Long Term Liabilities: TAPIFRUIT's short term assets (₹85.6M) exceed its long term liabilities (₹2.4M).
Debt to Equity History and Analysis
Debt Level: TAPIFRUIT has more cash than its total debt.
Reducing Debt: Insufficient data to determine if TAPIFRUIT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TAPIFRUIT's debt is well covered by operating cash flow (49.1%).
Interest Coverage: TAPIFRUIT earns more interest than it pays, so coverage of interest payments is not a concern.