Technopack Polymers Balance Sheet Health
Financial Health criteria checks 4/6
Technopack Polymers has a total shareholder equity of ₹182.2M and total debt of ₹74.0M, which brings its debt-to-equity ratio to 40.6%. Its total assets and total liabilities are ₹261.8M and ₹79.7M respectively. Technopack Polymers's EBIT is ₹17.5M making its interest coverage ratio 8.3. It has cash and short-term investments of ₹1.2M.
Key information
40.6%
Debt to equity ratio
₹73.97m
Debt
| Interest coverage ratio | 8.3x |
| Cash | ₹1.16m |
| Equity | ₹182.17m |
| Total liabilities | ₹79.68m |
| Total assets | ₹261.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543656's short term assets (₹125.8M) exceed its short term liabilities (₹30.2M).
Long Term Liabilities: 543656's short term assets (₹125.8M) exceed its long term liabilities (₹49.5M).
Debt to Equity History and Analysis
Debt Level: 543656's net debt to equity ratio (40%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 543656's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543656's debt is not well covered by operating cash flow (3.5%).
Interest Coverage: 543656's interest payments on its debt are well covered by EBIT (8.3x coverage).