Tainwala Chemicals and Plastics (India) Balance Sheet Health
Financial Health criteria checks 5/6
Tainwala Chemicals and Plastics (India) has a total shareholder equity of ₹1.5B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹1.6B and ₹140.2M respectively.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | n/a |
| Cash | ₹11.18m |
| Equity | ₹1.49b |
| Total liabilities | ₹140.21m |
| Total assets | ₹1.63b |
Recent financial health updates
No updates
Recent updates
Here's Why We Think Tainwala Chemicals and Plastics (India) (NSE:TAINWALCHM) Might Deserve Your Attention Today
Oct 09
What Tainwala Chemicals and Plastics (India) Limited's (NSE:TAINWALCHM) 40% Share Price Gain Is Not Telling You
Oct 09Optimistic Investors Push Tainwala Chemicals and Plastics (India) Limited (NSE:TAINWALCHM) Shares Up 25% But Growth Is Lacking
May 22Does Tainwala Chemicals and Plastics (India) (NSE:TAINWALCHM) Deserve A Spot On Your Watchlist?
Aug 10Calculating The Fair Value Of Tainwala Chemicals and Plastics (India) Limited (NSE:TAINWALCHM)
Mar 14Shareholders Will Probably Be Cautious Of Increasing Tainwala Chemicals and Plastics (India) Limited's (NSE:TAINWALCHM) CEO Compensation At The Moment
Sep 21Does Tainwala Chemicals and Plastics (India)'s (NSE:TAINWALCHM) CEO Salary Compare Well With Industry Peers?
Jan 19How Is Tainwala Chemicals and Plastics (India)'s (NSE:TAINWALCHM) CEO Paid Relative To Peers?
Oct 21Investor Optimism Abounds Tainwala Chemicals and Plastics (India) Limited (NSE:TAINWALCHM) But Growth Is Lacking
Aug 27Financial Position Analysis
Short Term Liabilities: TAINWALCHM's short term assets (₹64.5M) exceed its short term liabilities (₹16.1M).
Long Term Liabilities: TAINWALCHM's short term assets (₹64.5M) do not cover its long term liabilities (₹124.1M).
Debt to Equity History and Analysis
Debt Level: TAINWALCHM is debt free.
Reducing Debt: TAINWALCHM has no debt compared to 5 years ago when its debt to equity ratio was 0.01%.
Debt Coverage: TAINWALCHM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TAINWALCHM has no debt, therefore coverage of interest payments is not a concern.