Tata Chemicals Balance Sheet Health
Financial Health criteria checks 5/6
Tata Chemicals has a total shareholder equity of ₹222.8B and total debt of ₹60.5B, which brings its debt-to-equity ratio to 27.2%. Its total assets and total liabilities are ₹359.1B and ₹136.3B respectively. Tata Chemicals's EBIT is ₹25.1B making its interest coverage ratio 7.5. It has cash and short-term investments of ₹13.9B.
Key information
27.2%
Debt to equity ratio
₹60.48b
Debt
Interest coverage ratio | 7.5x |
Cash | ₹13.92b |
Equity | ₹222.75b |
Total liabilities | ₹136.32b |
Total assets | ₹359.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500770's short term assets (₹70.9B) exceed its short term liabilities (₹58.0B).
Long Term Liabilities: 500770's short term assets (₹70.9B) do not cover its long term liabilities (₹78.3B).
Debt to Equity History and Analysis
Debt Level: 500770's net debt to equity ratio (20.9%) is considered satisfactory.
Reducing Debt: 500770's debt to equity ratio has reduced from 40% to 27.2% over the past 5 years.
Debt Coverage: 500770's debt is well covered by operating cash flow (53.6%).
Interest Coverage: 500770's interest payments on its debt are well covered by EBIT (7.5x coverage).