Tirupati Starch and Chemicals Balance Sheet Health
Financial Health criteria checks 1/6
Tirupati Starch and Chemicals has a total shareholder equity of ₹536.3M and total debt of ₹1.5B, which brings its debt-to-equity ratio to 286.2%. Its total assets and total liabilities are ₹2.3B and ₹1.7B respectively. Tirupati Starch and Chemicals's EBIT is ₹132.7M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹22.9M.
Key information
286.2%
Debt to equity ratio
₹1.54b
Debt
Interest coverage ratio | 1.3x |
Cash | ₹22.88m |
Equity | ₹536.30m |
Total liabilities | ₹1.73b |
Total assets | ₹2.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524582's short term assets (₹947.6M) exceed its short term liabilities (₹735.2M).
Long Term Liabilities: 524582's short term assets (₹947.6M) do not cover its long term liabilities (₹993.9M).
Debt to Equity History and Analysis
Debt Level: 524582's net debt to equity ratio (282%) is considered high.
Reducing Debt: 524582's debt to equity ratio has increased from 112.1% to 286.2% over the past 5 years.
Debt Coverage: 524582's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 524582's interest payments on its debt are not well covered by EBIT (1.3x coverage).