Technopack Polymers Balance Sheet Health
Financial Health criteria checks 5/6
Technopack Polymers has a total shareholder equity of ₹190.7M and total debt of ₹52.8M, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are ₹253.3M and ₹62.6M respectively. Technopack Polymers's EBIT is ₹16.4M making its interest coverage ratio 5.7. It has cash and short-term investments of ₹1.7M.
Key information
27.7%
Debt to equity ratio
₹52.81m
Debt
| Interest coverage ratio | 5.7x |
| Cash | ₹1.67m |
| Equity | ₹190.67m |
| Total liabilities | ₹62.65m |
| Total assets | ₹253.32m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543656's short term assets (₹134.0M) exceed its short term liabilities (₹13.9M).
Long Term Liabilities: 543656's short term assets (₹134.0M) exceed its long term liabilities (₹48.7M).
Debt to Equity History and Analysis
Debt Level: 543656's net debt to equity ratio (26.8%) 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 well covered by operating cash flow (23.4%).
Interest Coverage: 543656's interest payments on its debt are well covered by EBIT (5.7x coverage).