TAKE Solutions Balance Sheet Health
Financial Health criteria checks 1/6
TAKE Solutions has a total shareholder equity of ₹1.0B and total debt of ₹428.0M, which brings its debt-to-equity ratio to 42%. Its total assets and total liabilities are ₹2.1B and ₹1.1B respectively. TAKE Solutions's EBIT is ₹55.4M making its interest coverage ratio 0.9. It has cash and short-term investments of ₹11.4M.
Key information
42.0%
Debt to equity ratio
₹427.98m
Debt
Interest coverage ratio | 0.9x |
Cash | ₹11.41m |
Equity | ₹1.02b |
Total liabilities | ₹1.12b |
Total assets | ₹2.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532890's short term assets (₹764.2M) do not cover its short term liabilities (₹1.0B).
Long Term Liabilities: 532890's short term assets (₹764.2M) exceed its long term liabilities (₹107.1M).
Debt to Equity History and Analysis
Debt Level: 532890's net debt to equity ratio (40.9%) is considered high.
Reducing Debt: 532890's debt to equity ratio has increased from 20.9% to 42% over the past 5 years.
Debt Coverage: 532890's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: 532890's interest payments on its debt are not well covered by EBIT (0.9x coverage).