Time Technoplast Balance Sheet Health
Financial Health criteria checks 6/6
Time Technoplast has a total shareholder equity of ₹26.2B and total debt of ₹8.3B, which brings its debt-to-equity ratio to 31.7%. Its total assets and total liabilities are ₹41.1B and ₹15.0B respectively. Time Technoplast's EBIT is ₹5.6B making its interest coverage ratio 5.7. It has cash and short-term investments of ₹1.5B.
Key information
31.7%
Debt to equity ratio
₹8.30b
Debt
Interest coverage ratio | 5.7x |
Cash | ₹1.53b |
Equity | ₹26.16b |
Total liabilities | ₹14.98b |
Total assets | ₹41.14b |
Recent financial health updates
Is Time Technoplast (NSE:TIMETECHNO) A Risky Investment?
Aug 07Time Technoplast (NSE:TIMETECHNO) Has A Pretty Healthy Balance Sheet
Jun 02Is Time Technoplast (NSE:TIMETECHNO) Using Too Much Debt?
Jul 27Time Technoplast (NSE:TIMETECHNO) Has A Pretty Healthy Balance Sheet
Mar 03Recent updates
Is Time Technoplast (NSE:TIMETECHNO) A Risky Investment?
Aug 07A Piece Of The Puzzle Missing From Time Technoplast Limited's (NSE:TIMETECHNO) 25% Share Price Climb
Jul 05Here's Why We Think Time Technoplast (NSE:TIMETECHNO) Might Deserve Your Attention Today
Jun 12Time Technoplast's (NSE:TIMETECHNO) Returns Have Hit A Wall
May 10Time 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 25Financial Position Analysis
Short Term Liabilities: TIMETECHNO's short term assets (₹26.6B) exceed its short term liabilities (₹11.5B).
Long Term Liabilities: TIMETECHNO's short term assets (₹26.6B) exceed its long term liabilities (₹3.5B).
Debt to Equity History and Analysis
Debt Level: TIMETECHNO's net debt to equity ratio (25.9%) is considered satisfactory.
Reducing Debt: TIMETECHNO's debt to equity ratio has reduced from 49% to 31.7% over the past 5 years.
Debt Coverage: TIMETECHNO's debt is well covered by operating cash flow (48.9%).
Interest Coverage: TIMETECHNO's interest payments on its debt are well covered by EBIT (5.7x coverage).