Tinna Rubber and Infrastructure Balance Sheet Health
Financial Health criteria checks 4/6
Tinna Rubber and Infrastructure has a total shareholder equity of ₹1.5B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 75%. Its total assets and total liabilities are ₹3.4B and ₹1.8B respectively. Tinna Rubber and Infrastructure's EBIT is ₹738.9M making its interest coverage ratio 9.4. It has cash and short-term investments of ₹24.2M.
Key information
75.0%
Debt to equity ratio
₹1.15b
Debt
| Interest coverage ratio | 9.4x |
| Cash | ₹24.20m |
| Equity | ₹1.54b |
| Total liabilities | ₹1.82b |
| Total assets | ₹3.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530475's short term assets (₹1.3B) do not cover its short term liabilities (₹1.3B).
Long Term Liabilities: 530475's short term assets (₹1.3B) exceed its long term liabilities (₹515.7M).
Debt to Equity History and Analysis
Debt Level: 530475's net debt to equity ratio (73.4%) is considered high.
Reducing Debt: 530475's debt to equity ratio has reduced from 99% to 75% over the past 5 years.
Debt Coverage: 530475's debt is well covered by operating cash flow (37.8%).
Interest Coverage: 530475's interest payments on its debt are well covered by EBIT (9.4x coverage).