Tirupati Starch and Chemicals Balance Sheet Health
Financial Health criteria checks 1/6
Tirupati Starch and Chemicals has a total shareholder equity of ₹519.9M and total debt of ₹1.3B, which brings its debt-to-equity ratio to 251.3%. Its total assets and total liabilities are ₹2.1B and ₹1.6B respectively. Tirupati Starch and Chemicals's EBIT is ₹120.2M making its interest coverage ratio 1.1. It has cash and short-term investments of ₹9.5M.
Key information
251.3%
Debt to equity ratio
₹1.31b
Debt
| Interest coverage ratio | 1.1x |
| Cash | ₹9.54m |
| Equity | ₹519.86m |
| Total liabilities | ₹1.62b |
| Total assets | ₹2.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524582's short term assets (₹743.5M) exceed its short term liabilities (₹640.2M).
Long Term Liabilities: 524582's short term assets (₹743.5M) do not cover its long term liabilities (₹984.7M).
Debt to Equity History and Analysis
Debt Level: 524582's net debt to equity ratio (249.4%) is considered high.
Reducing Debt: 524582's debt to equity ratio has increased from 145.4% to 251.3% over the past 5 years.
Debt Coverage: 524582's debt is not well covered by operating cash flow (15.1%).
Interest Coverage: 524582's interest payments on its debt are not well covered by EBIT (1.1x coverage).