TGV SRAAC Balance Sheet Health
Financial Health criteria checks 6/6
TGV SRAAC has a total shareholder equity of ₹10.9B and total debt of ₹2.4B, which brings its debt-to-equity ratio to 21.9%. Its total assets and total liabilities are ₹16.8B and ₹6.0B respectively. TGV SRAAC's EBIT is ₹1.1B making its interest coverage ratio 6.1. It has cash and short-term investments of ₹676.6M.
Key information
21.9%
Debt to equity ratio
₹2.38b
Debt
Interest coverage ratio | 6.1x |
Cash | ₹676.60m |
Equity | ₹10.86b |
Total liabilities | ₹5.98b |
Total assets | ₹16.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507753's short term assets (₹4.9B) exceed its short term liabilities (₹3.5B).
Long Term Liabilities: 507753's short term assets (₹4.9B) exceed its long term liabilities (₹2.5B).
Debt to Equity History and Analysis
Debt Level: 507753's net debt to equity ratio (15.7%) is considered satisfactory.
Reducing Debt: 507753's debt to equity ratio has reduced from 66.4% to 21.9% over the past 5 years.
Debt Coverage: 507753's debt is well covered by operating cash flow (113.7%).
Interest Coverage: 507753's interest payments on its debt are well covered by EBIT (6.1x coverage).