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
Tilaknagar Industries Ltd.'s (NSE:TI) Shares Climb 25% But Its Business Is Yet to Catch Up
Nov 07
We Take A Look At Why Tilaknagar Industries Ltd.'s (NSE:TI) CEO Has Earned Their Pay Packet
Sep 21Tilaknagar Industries' (NSE:TI) Dividend Will Be Increased To ₹0.50
Sep 09Tilaknagar Industries Ltd. (NSE:TI) Stock Rockets 33% As Investors Are Less Pessimistic Than Expected
Sep 06Returns on Capital Paint A Bright Future For Tilaknagar Industries (NSE:TI)
Sep 04Tilaknagar Industries Ltd. (NSE:TI) Stock Rockets 29% As Investors Are Less Pessimistic Than Expected
Jun 12Tilaknagar Industries Ltd.'s (NSE:TI) Share Price Boosted 27% But Its Business Prospects Need A Lift Too
Apr 13Returns Are Gaining Momentum At Tilaknagar Industries (NSE:TI)
Nov 16There's Been No Shortage Of Growth Recently For Tilaknagar Industries' (NSE:TI) Returns On Capital
Jul 18Tilaknagar Industries (NSE:TI) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Jun 07Financial Position Analysis
Short Term Liabilities: TI's short term assets (₹7.3B) exceed its short term liabilities (₹3.1B).
Long Term Liabilities: TI's short term assets (₹7.3B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: TI has more cash than its total debt.
Reducing Debt: TI had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: TI's debt is well covered by operating cash flow (200.7%).
Interest Coverage: TI's interest payments on its debt are well covered by EBIT (24.8x coverage).