Tirupati Foam Balance Sheet Health
Financial Health criteria checks 4/6
Tirupati Foam has a total shareholder equity of ₹307.8M and total debt of ₹404.0M, which brings its debt-to-equity ratio to 131.3%. Its total assets and total liabilities are ₹852.7M and ₹544.9M respectively. Tirupati Foam's EBIT is ₹74.6M making its interest coverage ratio 1.6. It has cash and short-term investments of ₹5.6M.
Key information
131.3%
Debt to equity ratio
₹403.99m
Debt
| Interest coverage ratio | 1.6x |
| Cash | ₹5.60m |
| Equity | ₹307.77m |
| Total liabilities | ₹544.89m |
| Total assets | ₹852.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540904's short term assets (₹483.1M) exceed its short term liabilities (₹389.3M).
Long Term Liabilities: 540904's short term assets (₹483.1M) exceed its long term liabilities (₹155.6M).
Debt to Equity History and Analysis
Debt Level: 540904's net debt to equity ratio (129.4%) is considered high.
Reducing Debt: 540904's debt to equity ratio has reduced from 189.6% to 131.3% over the past 5 years.
Debt Coverage: 540904's debt is well covered by operating cash flow (22.3%).
Interest Coverage: 540904's interest payments on its debt are not well covered by EBIT (1.6x coverage).