TCPL Packaging Balance Sheet Health
Financial Health criteria checks 5/6
TCPL Packaging has a total shareholder equity of ₹5.3B and total debt of ₹5.0B, which brings its debt-to-equity ratio to 95.8%. Its total assets and total liabilities are ₹13.3B and ₹8.0B respectively. TCPL Packaging's EBIT is ₹1.9B making its interest coverage ratio 3.7. It has cash and short-term investments of ₹220.1M.
Key information
95.8%
Debt to equity ratio
₹5.04b
Debt
| Interest coverage ratio | 3.7x |
| Cash | ₹220.09m |
| Equity | ₹5.26b |
| Total liabilities | ₹8.02b |
| Total assets | ₹13.28b |
Recent financial health updates
Here's Why TCPL Packaging (NSE:TCPLPACK) Has A Meaningful Debt Burden
Mar 08
These 4 Measures Indicate That TCPL Packaging (NSE:TCPLPACK) Is Using Debt Reasonably Well
Jul 14These 4 Measures Indicate That TCPL Packaging (NSE:TCPLPACK) Is Using Debt Reasonably Well
Nov 20These 4 Measures Indicate That TCPL Packaging (NSE:TCPLPACK) Is Using Debt Extensively
Feb 08Is TCPL Packaging (NSE:TCPLPACK) Using Too Much Debt?
Jun 03Is TCPL Packaging (NSE:TCPLPACK) Using Too Much Debt?
Jan 04Recent updates
Investors Still Aren't Entirely Convinced By TCPL Packaging Limited's (NSE:TCPLPACK) Earnings Despite 27% Price Jump
Aug 03We Think Some Shareholders May Hesitate To Increase TCPL Packaging Limited's (NSE:TCPLPACK) CEO Compensation
Jul 24TCPL Packaging (NSE:TCPLPACK) Is Increasing Its Dividend To ₹22.00
Jul 20TCPL Packaging (NSE:TCPLPACK) Is Paying Out A Larger Dividend Than Last Year
Jul 05TCPL Packaging (NSE:TCPLPACK) Has Announced That It Will Be Increasing Its Dividend To ₹22.00
Jun 20Cautious Investors Not Rewarding TCPL Packaging Limited's (NSE:TCPLPACK) Performance Completely
Jun 19TCPL Packaging (NSE:TCPLPACK) Is Increasing Its Dividend To ₹22.00
Jun 01Here's Why TCPL Packaging (NSE:TCPLPACK) Has A Meaningful Debt Burden
Mar 08TCPL Packaging (NSE:TCPLPACK) Will Pay A Larger Dividend Than Last Year At ₹20.00
Jul 21These 4 Measures Indicate That TCPL Packaging (NSE:TCPLPACK) Is Using Debt Reasonably Well
Jul 14TCPL Packaging (NSE:TCPLPACK) Will Pay A Larger Dividend Than Last Year At ₹20.00
Jun 01These 4 Measures Indicate That TCPL Packaging (NSE:TCPLPACK) Is Using Debt Reasonably Well
Nov 20TCPL Packaging (NSE:TCPLPACK) Is Aiming To Keep Up Its Impressive Returns
Oct 07Should You Be Adding TCPL Packaging (NSE:TCPLPACK) To Your Watchlist Today?
Aug 19We Think That There Are Issues Underlying TCPL Packaging's (NSE:TCPLPACK) Earnings
Jul 24Does TCPL Packaging (NSE:TCPLPACK) Deserve A Spot On Your Watchlist?
May 12These 4 Measures Indicate That TCPL Packaging (NSE:TCPLPACK) Is Using Debt Extensively
Feb 08Returns On Capital Signal Tricky Times Ahead For TCPL Packaging (NSE:TCPLPACK)
Nov 10Here's Why Shareholders May Want To Be Cautious With Increasing TCPL Packaging Limited's (NSE:TCPLPACK) CEO Pay Packet
Aug 20TCPL Packaging (NSE:TCPLPACK) Could Be Struggling To Allocate Capital
Jun 30Is TCPL Packaging (NSE:TCPLPACK) Using Too Much Debt?
Jun 03Will TCPL Packaging (NSE:TCPLPACK) Multiply In Value Going Forward?
Mar 02Should You Be Excited About TCPL Packaging Limited's (NSE:TCPLPACK) 12% Return On Equity?
Feb 08Is TCPL Packaging Limited (NSE:TCPLPACK) An Attractive Dividend Stock?
Jan 21
Is TCPL Packaging (NSE:TCPLPACK) Using Too Much Debt?
Jan 04Did You Miss TCPL Packaging's (NSE:TCPLPACK) 55% Share Price Gain?
Dec 14A Quick Analysis On TCPL Packaging's (NSE:TCPLPACK) CEO Salary
Nov 30Has TCPL Packaging (NSE:TCPLPACK) Got What It Takes To Become A Multi-Bagger?
Nov 12Three Things You Should Check Before Buying TCPL Packaging Limited (NSE:TCPLPACK) For Its Dividend
Oct 21These 4 Measures Indicate That TCPL Packaging (NSE:TCPLPACK) Is Using Debt Extensively
Oct 01Is TCPL Packaging Limited (NSE:TCPLPACK) A High Quality Stock To Own?
Sep 10TCPL Packaging Limited's (NSE:TCPLPACK) Shares Lagging The Market But So Is The Business
Aug 19Market Still Lacking Some Conviction On TCPL Packaging Limited (NSE:TCPLPACK)
Aug 05Financial Position Analysis
Short Term Liabilities: TCPLPACK's short term assets (₹6.1B) exceed its short term liabilities (₹5.1B).
Long Term Liabilities: TCPLPACK's short term assets (₹6.1B) exceed its long term liabilities (₹2.9B).
Debt to Equity History and Analysis
Debt Level: TCPLPACK's net debt to equity ratio (91.7%) is considered high.
Reducing Debt: TCPLPACK's debt to equity ratio has reduced from 134% to 95.8% over the past 5 years.
Debt Coverage: TCPLPACK's debt is well covered by operating cash flow (46.4%).
Interest Coverage: TCPLPACK's interest payments on its debt are well covered by EBIT (3.7x coverage).