Tinplate Company of India Balance Sheet Health
Financial Health criteria checks 6/6
Tinplate Company of India has a total shareholder equity of ₹12.3B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹18.6B and ₹6.3B respectively. Tinplate Company of India's EBIT is ₹961.5M making its interest coverage ratio -6.5. It has cash and short-term investments of ₹6.7B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -6.5x |
| Cash | ₹6.72b |
| Equity | ₹12.31b |
| Total liabilities | ₹6.34b |
| Total assets | ₹18.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 504966's short term assets (₹11.7B) exceed its short term liabilities (₹4.8B).
Long Term Liabilities: 504966's short term assets (₹11.7B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: 504966 is debt free.
Reducing Debt: 504966 has no debt compared to 5 years ago when its debt to equity ratio was 6.1%.
Debt Coverage: 504966 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 504966 has no debt, therefore coverage of interest payments is not a concern.