Tinna Rubber and Infrastructure Balance Sheet Health
Financial Health criteria checks 5/6
Tinna Rubber and Infrastructure has a total shareholder equity of ₹1.1B and total debt of ₹623.8M, which brings its debt-to-equity ratio to 58.8%. Its total assets and total liabilities are ₹2.1B and ₹1.0B respectively. Tinna Rubber and Infrastructure's EBIT is ₹419.7M making its interest coverage ratio 6.9. It has cash and short-term investments of ₹30.4M.
Key information
58.8%
Debt to equity ratio
₹623.76m
Debt
Interest coverage ratio | 6.9x |
Cash | ₹30.41m |
Equity | ₹1.06b |
Total liabilities | ₹1.02b |
Total assets | ₹2.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530475's short term assets (₹752.2M) exceed its short term liabilities (₹679.0M).
Long Term Liabilities: 530475's short term assets (₹752.2M) exceed its long term liabilities (₹340.8M).
Debt to Equity History and Analysis
Debt Level: 530475's net debt to equity ratio (55.9%) is considered high.
Reducing Debt: 530475's debt to equity ratio has reduced from 109.1% to 58.8% over the past 5 years.
Debt Coverage: 530475's debt is well covered by operating cash flow (70.9%).
Interest Coverage: 530475's interest payments on its debt are well covered by EBIT (6.9x coverage).