Tirupati Forge Balance Sheet Health
Financial Health criteria checks 5/6
Tirupati Forge has a total shareholder equity of ₹389.0M and total debt of ₹118.9M, which brings its debt-to-equity ratio to 30.6%. Its total assets and total liabilities are ₹584.2M and ₹195.2M respectively. Tirupati Forge's EBIT is ₹95.7M making its interest coverage ratio 10. It has cash and short-term investments of ₹5.5M.
Key information
30.6%
Debt to equity ratio
₹118.89m
Debt
| Interest coverage ratio | 10x |
| Cash | ₹5.50m |
| Equity | ₹389.04m |
| Total liabilities | ₹195.15m |
| Total assets | ₹584.19m |
Recent financial health updates
No updates
Recent updates
Market Cool On Tirupati Forge Limited's (NSE:TIRUPATIFL) Earnings
Apr 04
Market Might Still Lack Some Conviction On Tirupati Forge Limited (NSE:TIRUPATIFL) Even After 26% Share Price Boost
Dec 29Here's Why We Think Tirupati Forge (NSE:TIRUPATIFL) Is Well Worth Watching
Jul 26Does Tirupati Forge (NSE:TIRUPATIFL) Deserve A Spot On Your Watchlist?
Mar 15Should You Be Adding Tirupati Forge (NSE:TIRUPATIFL) To Your Watchlist Today?
Dec 08With EPS Growth And More, Tirupati Forge (NSE:TIRUPATIFL) Makes An Interesting Case
Jul 20Are Tirupati Forge Limited's (NSE:TIRUPATIFL) Mixed Financials Driving The Negative Sentiment?
Feb 12
Calculating The Fair Value Of Tirupati Forge Limited (NSE:TIRUPATIFL)
Nov 23Financial Position Analysis
Short Term Liabilities: TIRUPATIFL's short term assets (₹384.7M) exceed its short term liabilities (₹173.2M).
Long Term Liabilities: TIRUPATIFL's short term assets (₹384.7M) exceed its long term liabilities (₹21.9M).
Debt to Equity History and Analysis
Debt Level: TIRUPATIFL's net debt to equity ratio (29.1%) is considered satisfactory.
Reducing Debt: TIRUPATIFL's debt to equity ratio has increased from 27.4% to 30.6% over the past 5 years.
Debt Coverage: TIRUPATIFL's debt is well covered by operating cash flow (24.6%).
Interest Coverage: TIRUPATIFL's interest payments on its debt are well covered by EBIT (10x coverage).