Teesta Agro Industries Balance Sheet Health
Financial Health criteria checks 6/6
Teesta Agro Industries has a total shareholder equity of ₹1.1B and total debt of ₹45.8M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are ₹1.7B and ₹599.7M respectively. Teesta Agro Industries's EBIT is ₹66.8M making its interest coverage ratio 10.8. It has cash and short-term investments of ₹140.1M.
Key information
4.2%
Debt to equity ratio
₹45.80m
Debt
Interest coverage ratio | 10.8x |
Cash | ₹140.10m |
Equity | ₹1.09b |
Total liabilities | ₹599.70m |
Total assets | ₹1.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524204's short term assets (₹1.1B) exceed its short term liabilities (₹523.6M).
Long Term Liabilities: 524204's short term assets (₹1.1B) exceed its long term liabilities (₹76.1M).
Debt to Equity History and Analysis
Debt Level: 524204 has more cash than its total debt.
Reducing Debt: 524204's debt to equity ratio has reduced from 4.3% to 4.2% over the past 5 years.
Debt Coverage: 524204's debt is well covered by operating cash flow (92.4%).
Interest Coverage: 524204's interest payments on its debt are well covered by EBIT (10.8x coverage).