Tuticorin Alkali Chemicals and Fertilizers Balance Sheet Health
Financial Health criteria checks 4/6
Tuticorin Alkali Chemicals and Fertilizers has a total shareholder equity of ₹482.1M and total debt of ₹40.6M, which brings its debt-to-equity ratio to 8.4%. Its total assets and total liabilities are ₹3.7B and ₹3.2B respectively. Tuticorin Alkali Chemicals and Fertilizers's EBIT is ₹982.8M making its interest coverage ratio 42. It has cash and short-term investments of ₹50.2M.
Key information
8.4%
Debt to equity ratio
₹40.57m
Debt
| Interest coverage ratio | 42x |
| Cash | ₹50.20m |
| Equity | ₹482.12m |
| Total liabilities | ₹3.23b |
| Total assets | ₹3.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 506808's short term assets (₹469.8M) do not cover its short term liabilities (₹2.0B).
Long Term Liabilities: 506808's short term assets (₹469.8M) do not cover its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: 506808 has more cash than its total debt.
Reducing Debt: 506808 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 506808's debt is well covered by operating cash flow (589.7%).
Interest Coverage: 506808's interest payments on its debt are well covered by EBIT (42x coverage).