Tata Metaliks Balance Sheet Health
Financial Health criteria checks 6/6
Tata Metaliks has a total shareholder equity of ₹16.1B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹24.9B and ₹8.8B respectively. Tata Metaliks's EBIT is ₹1.8B making its interest coverage ratio 8.1. It has cash and short-term investments of ₹788.8M.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | 8.1x |
Cash | ₹788.80m |
Equity | ₹16.11b |
Total liabilities | ₹8.76b |
Total assets | ₹24.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513434's short term assets (₹10.1B) exceed its short term liabilities (₹6.6B).
Long Term Liabilities: 513434's short term assets (₹10.1B) exceed its long term liabilities (₹2.2B).
Debt to Equity History and Analysis
Debt Level: 513434 is debt free.
Reducing Debt: 513434 has no debt compared to 5 years ago when its debt to equity ratio was 53.1%.
Debt Coverage: 513434 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 513434 has no debt, therefore coverage of interest payments is not a concern.