TBI Corn Balance Sheet Health
Financial Health criteria checks 3/6
TBI Corn has a total shareholder equity of ₹167.8M and total debt of ₹403.9M, which brings its debt-to-equity ratio to 240.7%. Its total assets and total liabilities are ₹770.2M and ₹602.4M respectively. TBI Corn's EBIT is ₹120.5M making its interest coverage ratio 5.1. It has cash and short-term investments of ₹5.9M.
Key information
240.7%
Debt to equity ratio
₹403.88m
Debt
Interest coverage ratio | 5.1x |
Cash | ₹5.95m |
Equity | ₹167.81m |
Total liabilities | ₹602.39m |
Total assets | ₹770.20m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: TBI's short term assets (₹701.2M) exceed its short term liabilities (₹461.0M).
Long Term Liabilities: TBI's short term assets (₹701.2M) exceed its long term liabilities (₹141.4M).
Debt to Equity History and Analysis
Debt Level: TBI's net debt to equity ratio (237.1%) is considered high.
Reducing Debt: Insufficient data to determine if TBI's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TBI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TBI's interest payments on its debt are well covered by EBIT (5.1x coverage).