Tirupati Foam Balance Sheet Health
Financial Health criteria checks 3/6
Tirupati Foam has a total shareholder equity of ₹296.4M and total debt of ₹451.7M, which brings its debt-to-equity ratio to 152.4%. Its total assets and total liabilities are ₹885.1M and ₹588.7M respectively. Tirupati Foam's EBIT is ₹73.8M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹28.5M.
Key information
152.4%
Debt to equity ratio
₹451.70m
Debt
Interest coverage ratio | 1.6x |
Cash | ₹28.50m |
Equity | ₹296.44m |
Total liabilities | ₹588.69m |
Total assets | ₹885.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540904's short term assets (₹502.2M) exceed its short term liabilities (₹390.9M).
Long Term Liabilities: 540904's short term assets (₹502.2M) exceed its long term liabilities (₹197.8M).
Debt to Equity History and Analysis
Debt Level: 540904's net debt to equity ratio (142.8%) is considered high.
Reducing Debt: 540904's debt to equity ratio has reduced from 179.6% to 152.4% over the past 5 years.
Debt Coverage: 540904's debt is not well covered by operating cash flow (18.7%).
Interest Coverage: 540904's interest payments on its debt are not well covered by EBIT (1.6x coverage).