Tainwala Chemicals and Plastics (India) Balance Sheet Health
Financial Health criteria checks 5/6
Tainwala Chemicals and Plastics (India) has a total shareholder equity of ₹1.5B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹1.6B and ₹140.2M respectively.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | n/a |
| Cash | ₹11.18m |
| Equity | ₹1.49b |
| Total liabilities | ₹140.21m |
| Total assets | ₹1.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507785's short term assets (₹64.5M) exceed its short term liabilities (₹16.1M).
Long Term Liabilities: 507785's short term assets (₹64.5M) do not cover its long term liabilities (₹124.1M).
Debt to Equity History and Analysis
Debt Level: 507785 is debt free.
Reducing Debt: 507785 has no debt compared to 5 years ago when its debt to equity ratio was 0.01%.
Debt Coverage: 507785 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 507785 has no debt, therefore coverage of interest payments is not a concern.