Tirupati Foam Balance Sheet Health
Financial Health criteria checks 4/6
Tirupati Foam has a total shareholder equity of ₹312.6M and total debt of ₹383.5M, which brings its debt-to-equity ratio to 122.7%. Its total assets and total liabilities are ₹872.8M and ₹560.2M respectively. Tirupati Foam's EBIT is ₹73.7M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹28.2M.
Key information
122.7%
Debt to equity ratio
₹383.52m
Debt
| Interest coverage ratio | 1.6x |
| Cash | ₹28.18m |
| Equity | ₹312.60m |
| Total liabilities | ₹560.16m |
| Total assets | ₹872.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540904's short term assets (₹509.6M) exceed its short term liabilities (₹416.0M).
Long Term Liabilities: 540904's short term assets (₹509.6M) exceed its long term liabilities (₹144.2M).
Debt to Equity History and Analysis
Debt Level: 540904's net debt to equity ratio (113.7%) is considered high.
Reducing Debt: 540904's debt to equity ratio has reduced from 182.2% to 122.7% over the past 5 years.
Debt Coverage: 540904's debt is well covered by operating cash flow (24.6%).
Interest Coverage: 540904's interest payments on its debt are not well covered by EBIT (1.6x coverage).