Shree Tirupati Balajee FIBC Balance Sheet Health
Financial Health criteria checks 4/6
Shree Tirupati Balajee FIBC has a total shareholder equity of ₹750.0M and total debt of ₹548.7M, which brings its debt-to-equity ratio to 73.2%. Its total assets and total liabilities are ₹1.4B and ₹619.5M respectively. Shree Tirupati Balajee FIBC's EBIT is ₹235.1M making its interest coverage ratio 7.3. It has cash and short-term investments of ₹4.9M.
Key information
73.2%
Debt to equity ratio
₹548.70m
Debt
| Interest coverage ratio | 7.3x |
| Cash | ₹4.95m |
| Equity | ₹750.03m |
| Total liabilities | ₹619.46m |
| Total assets | ₹1.37b |
Recent financial health updates
We Think Shree Tirupati Balajee FIBC (NSE:TIRUPATI) Can Stay On Top Of Its Debt
Sep 30
Here's Why Shree Tirupati Balajee FIBC (NSE:TIRUPATI) Can Manage Its Debt Responsibly
Jun 09Is Shree Tirupati Balajee FIBC (NSE:TIRUPATI) A Risky Investment?
Mar 04Here's Why Shree Tirupati Balajee FIBC (NSE:TIRUPATI) Has A Meaningful Debt Burden
Jul 29We Think Shree Tirupati Balajee FIBC (NSE:TIRUPATI) Is Taking Some Risk With Its Debt
Jan 03We Think Shree Tirupati Balajee FIBC (NSE:TIRUPATI) Is Taking Some Risk With Its Debt
Feb 15Recent updates
We Think Shree Tirupati Balajee FIBC (NSE:TIRUPATI) Can Stay On Top Of Its Debt
Sep 30There Are Reasons To Feel Uneasy About Shree Tirupati Balajee FIBC's (NSE:TIRUPATI) Returns On Capital
Jul 18Here's Why Shree Tirupati Balajee FIBC (NSE:TIRUPATI) Can Manage Its Debt Responsibly
Jun 09Is Shree Tirupati Balajee FIBC (NSE:TIRUPATI) A Risky Investment?
Mar 04Should You Be Adding Shree Tirupati Balajee FIBC (NSE:TIRUPATI) To Your Watchlist Today?
Sep 23Here's Why Shree Tirupati Balajee FIBC (NSE:TIRUPATI) Has A Meaningful Debt Burden
Jul 29We Think Shree Tirupati Balajee FIBC (NSE:TIRUPATI) Is Taking Some Risk With Its Debt
Jan 03We Think Shree Tirupati Balajee FIBC (NSE:TIRUPATI) Is Taking Some Risk With Its Debt
Feb 15Shree Tirupati Balajee FIBC Limited's (NSE:TIRUPATI) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Dec 22Financial Position Analysis
Short Term Liabilities: TIRUPATI's short term assets (₹946.9M) exceed its short term liabilities (₹456.6M).
Long Term Liabilities: TIRUPATI's short term assets (₹946.9M) exceed its long term liabilities (₹162.9M).
Debt to Equity History and Analysis
Debt Level: TIRUPATI's net debt to equity ratio (72.5%) is considered high.
Reducing Debt: TIRUPATI's debt to equity ratio has reduced from 74.3% to 73.2% over the past 5 years.
Debt Coverage: TIRUPATI's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: TIRUPATI's interest payments on its debt are well covered by EBIT (7.3x coverage).