Tinplate Company of India Balance Sheet Health
Financial Health criteria checks 6/6
Tinplate Company of India has a total shareholder equity of ₹12.3B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹18.6B and ₹6.3B respectively. Tinplate Company of India's EBIT is ₹961.5M making its interest coverage ratio -6.5. It has cash and short-term investments of ₹6.7B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -6.5x |
| Cash | ₹6.72b |
| Equity | ₹12.31b |
| Total liabilities | ₹6.34b |
| Total assets | ₹18.64b |
Recent financial health updates
Recent updates
Investors Should Be Encouraged By Tinplate Company of India's (NSE:TINPLATE) Returns On Capital
Jul 28
Why The 36% Return On Capital At Tinplate Company of India (NSE:TINPLATE) Should Have Your Attention
Mar 17Tinplate Company of India (NSE:TINPLATE) Could Easily Take On More Debt
Sep 02The Tinplate Company of India Limited's (NSE:TINPLATE) CEO Will Probably Have Their Compensation Approved By Shareholders
Jul 23Tinplate Company of India (NSE:TINPLATE) Hasn't Managed To Accelerate Its Returns
May 14How Does Tinplate Company of India's (NSE:TINPLATE) CEO Salary Compare to Peers?
Mar 02Has Tinplate Company of India (NSE:TINPLATE) Got What It Takes To Become A Multi-Bagger?
Feb 09What To Know Before Buying The Tinplate Company of India Limited (NSE:TINPLATE) For Its Dividend
Jan 19
Did Business Growth Power Tinplate Company of India's (NSE:TINPLATE) Share Price Gain of 114%?
Jan 01The Tinplate Company of India Limited's (NSE:TINPLATE) Stock Been Rising: Are Strong Financials Guiding The Market?
Dec 14Does Tinplate Company of India (NSE:TINPLATE) Deserve A Spot On Your Watchlist?
Nov 24Here's What To Make Of Tinplate Company of India's (NSE:TINPLATE) Returns On Capital
Nov 02Could The Tinplate Company of India Limited (NSE:TINPLATE) Have The Makings Of Another Dividend Aristocrat?
Oct 13Is Tinplate Company of India's (NSE:TINPLATE) 117% Share Price Increase Well Justified?
Sep 22The Tinplate Company of India Limited's (NSE:TINPLATE) Stock Is Going Strong: Have Financials A Role To Play?
Sep 04The Tinplate Company Of India Limited (NSE:TINPLATE) Stock Goes Ex-Dividend In Just Three Days
Aug 16Does Tinplate Company Of India (NSE:TINPLATE) Deserve A Spot On Your Watchlist?
Aug 10I Ran A Stock Scan For Earnings Growth And Tinplate Company Of India (NSE:TINPLATE) Passed With Ease
Aug 10What Do The Returns At Tinplate Company Of India (NSE:TINPLATE) Mean Going Forward?
Jul 23The Tinplate Company Of India Limited's (NSE:TINPLATE) Earnings Haven't Escaped The Attention Of Investors
Jul 08Tinplate Company Of India (NSE:TINPLATE) Is Growing Earnings But Are They A Good Guide?
Jul 06Financial Position Analysis
Short Term Liabilities: TINPLATE's short term assets (₹11.7B) exceed its short term liabilities (₹4.8B).
Long Term Liabilities: TINPLATE's short term assets (₹11.7B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: TINPLATE is debt free.
Reducing Debt: TINPLATE has no debt compared to 5 years ago when its debt to equity ratio was 6.1%.
Debt Coverage: TINPLATE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TINPLATE has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/01/17 09:23 |
| End of Day Share Price | 2024/01/17 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2023/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
The Tinplate Company of India Limited is covered by 2 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Minit Jhaveri | CNI Research Limited |
| Kameswari V. S. Chavali | FirstCall Research |