Time Technoplast Balance Sheet Health
Financial Health criteria checks 6/6
Time Technoplast has a total shareholder equity of ₹24.3B and total debt of ₹8.7B, which brings its debt-to-equity ratio to 35.7%. Its total assets and total liabilities are ₹39.1B and ₹14.9B respectively. Time Technoplast's EBIT is ₹5.0B making its interest coverage ratio 5.1. It has cash and short-term investments of ₹1.2B.
Key information
35.7%
Debt to equity ratio
₹8.65b
Debt
| Interest coverage ratio | 5.1x |
| Cash | ₹1.16b |
| Equity | ₹24.26b |
| Total liabilities | ₹14.88b |
| Total assets | ₹39.14b |
Recent financial health updates
Time Technoplast (NSE:TIMETECHNO) Has A Pretty Healthy Balance Sheet
Jun 02
Is Time Technoplast (NSE:TIMETECHNO) Using Too Much Debt?
Jul 27Time Technoplast (NSE:TIMETECHNO) Has A Pretty Healthy Balance Sheet
Mar 03Time Technoplast (NSE:TIMETECHNO) Takes On Some Risk With Its Use Of Debt
Dec 08Recent updates
Time Technoplast Limited (NSE:TIMETECHNO) Stock Rockets 28% But Many Are Still Ignoring The Company
Apr 09Investors Holding Back On Time Technoplast Limited (NSE:TIMETECHNO)
Feb 14We Discuss Why The CEO Of Time Technoplast Limited (NSE:TIMETECHNO) Is Due For A Pay Rise
Sep 20Time Technoplast (NSE:TIMETECHNO) Is Increasing Its Dividend To ₹1.25
Sep 11Time Technoplast's (NSE:TIMETECHNO) Upcoming Dividend Will Be Larger Than Last Year's
Aug 28Time Technoplast's (NSE:TIMETECHNO) Dividend Will Be Increased To ₹1.25
Aug 13Here's Why We Think Time Technoplast (NSE:TIMETECHNO) Is Well Worth Watching
Jul 12Time Technoplast (NSE:TIMETECHNO) Has A Pretty Healthy Balance Sheet
Jun 02Is It Time To Consider Buying Time Technoplast Limited (NSE:TIMETECHNO)?
Apr 04When Should You Buy Time Technoplast Limited (NSE:TIMETECHNO)?
Dec 26We Discuss Why Time Technoplast Limited's (NSE:TIMETECHNO) CEO May Deserve A Higher Pay Packet
Sep 22Time Technoplast's (NSE:TIMETECHNO) Shareholders Will Receive A Bigger Dividend Than Last Year
Sep 08Time Technoplast's (NSE:TIMETECHNO) Upcoming Dividend Will Be Larger Than Last Year's
Aug 18Is Time Technoplast (NSE:TIMETECHNO) Using Too Much Debt?
Jul 27Estimating The Intrinsic Value Of Time Technoplast Limited (NSE:TIMETECHNO)
Apr 08Time Technoplast (NSE:TIMETECHNO) Has A Pretty Healthy Balance Sheet
Mar 03Should You Investigate Time Technoplast Limited (NSE:TIMETECHNO) At ₹71.30?
Dec 21A Look At The Intrinsic Value Of Time Technoplast Limited (NSE:TIMETECHNO)
Nov 17Time Technoplast (NSE:TIMETECHNO) Is Reducing Its Dividend To ₹0.70
Sep 07Time Technoplast (NSE:TIMETECHNO) Has Announced That Its Dividend Will Be Reduced To ₹0.70
Aug 16Is Now The Time To Look At Buying Time Technoplast Limited (NSE:TIMETECHNO)?
Jun 01Need To Know: Analysts Are Much More Bullish On Time Technoplast Limited (NSE:TIMETECHNO) Revenues
Apr 06The Returns At Time Technoplast (NSE:TIMETECHNO) Provide Us With Signs Of What's To Come
Mar 08Is There Now An Opportunity In Time Technoplast Limited (NSE:TIMETECHNO)?
Feb 22Time Technoplast Limited (NSE:TIMETECHNO) Is Yielding 1.8% - But Is It A Buy?
Feb 08An Intrinsic Calculation For Time Technoplast Limited (NSE:TIMETECHNO) Suggests It's 32% Undervalued
Jan 25
How Should Investors Feel About Time Technoplast's (NSE:TIMETECHNO) CEO Remuneration?
Jan 12Should You Take Comfort From Insider Transactions At Time Technoplast Limited (NSE:TIMETECHNO)?
Jan 01Time Technoplast (NSE:TIMETECHNO) Share Prices Have Dropped 78% In The Last Three Years
Dec 21Time Technoplast (NSE:TIMETECHNO) Takes On Some Risk With Its Use Of Debt
Dec 08Has Time Technoplast (NSE:TIMETECHNO) Got What It Takes To Become A Multi-Bagger?
Nov 23At ₹39.55, Is It Time To Put Time Technoplast Limited (NSE:TIMETECHNO) On Your Watch List?
Nov 11Does Time Technoplast Limited (NSE:TIMETECHNO) Have A Place In Your Dividend Portfolio?
Oct 27What Did Time Technoplast's (NSE:TIMETECHNO) CEO Take Home Last Year?
Oct 13Financial Position Analysis
Short Term Liabilities: TIMETECHNO's short term assets (₹24.2B) exceed its short term liabilities (₹10.8B).
Long Term Liabilities: TIMETECHNO's short term assets (₹24.2B) exceed its long term liabilities (₹4.1B).
Debt to Equity History and Analysis
Debt Level: TIMETECHNO's net debt to equity ratio (30.9%) is considered satisfactory.
Reducing Debt: TIMETECHNO's debt to equity ratio has reduced from 52% to 35.7% over the past 5 years.
Debt Coverage: TIMETECHNO's debt is well covered by operating cash flow (45.2%).
Interest Coverage: TIMETECHNO's interest payments on its debt are well covered by EBIT (5.1x coverage).