TPI India Balance Sheet Health
Financial Health criteria checks 1/6
TPI India has a total shareholder equity of ₹-136.3M and total debt of ₹136.4M, which brings its debt-to-equity ratio to -100.1%. Its total assets and total liabilities are ₹102.7M and ₹239.0M respectively. TPI India's EBIT is ₹420.0K making its interest coverage ratio 0. It has cash and short-term investments of ₹611.0K.
Key information
-100.1%
Debt to equity ratio
₹136.41m
Debt
Interest coverage ratio | 0.03x |
Cash | ₹611.00k |
Equity | -₹136.27m |
Total liabilities | ₹238.97m |
Total assets | ₹102.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500421 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 500421 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 500421 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 500421's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 500421's debt is well covered by operating cash flow (21.9%).
Interest Coverage: 500421's interest payments on its debt are not well covered by EBIT (0x coverage).