Tamil Nadu Newsprint and Papers Balance Sheet Health
Financial Health criteria checks 3/6
Tamil Nadu Newsprint and Papers has a total shareholder equity of ₹19.4B and total debt of ₹18.7B, which brings its debt-to-equity ratio to 96.2%. Its total assets and total liabilities are ₹61.2B and ₹41.8B respectively. Tamil Nadu Newsprint and Papers's EBIT is ₹8.7B making its interest coverage ratio 4.2. It has cash and short-term investments of ₹1.2B.
Key information
96.2%
Debt to equity ratio
₹18.71b
Debt
| Interest coverage ratio | 4.2x |
| Cash | ₹1.16b |
| Equity | ₹19.44b |
| Total liabilities | ₹41.79b |
| Total assets | ₹61.23b |
Recent financial health updates
We Think Tamil Nadu Newsprint and Papers (NSE:TNPL) Is Taking Some Risk With Its Debt
Jun 30
Does Tamil Nadu Newsprint and Papers (NSE:TNPL) Have A Healthy Balance Sheet?
Mar 23Tamil Nadu Newsprint and Papers (NSE:TNPL) Seems To Be Using A Lot Of Debt
Dec 08Tamil Nadu Newsprint and Papers (NSE:TNPL) Takes On Some Risk With Its Use Of Debt
Jul 14Recent updates
Is Now The Time To Put Tamil Nadu Newsprint and Papers (NSE:TNPL) On Your Watchlist?
Apr 06Tamil Nadu Newsprint and Papers (NSE:TNPL) Has Announced That It Will Be Increasing Its Dividend To ₹5.00
Sep 12Tamil Nadu Newsprint and Papers (NSE:TNPL) Is Increasing Its Dividend To ₹5.00
Aug 29Tamil Nadu Newsprint and Papers (NSE:TNPL) Is Paying Out A Larger Dividend Than Last Year
Aug 13Tamil Nadu Newsprint and Papers' (NSE:TNPL) Dividend Will Be Increased To ₹5.00
Jul 30Tamil Nadu Newsprint and Papers' (NSE:TNPL) Upcoming Dividend Will Be Larger Than Last Year's
Jul 16Tamil Nadu Newsprint and Papers (NSE:TNPL) Has Announced That It Will Be Increasing Its Dividend To ₹5.00
Jul 02Tamil Nadu Newsprint and Papers' (NSE:TNPL) Shareholders Will Receive A Bigger Dividend Than Last Year
May 27We Think Tamil Nadu Newsprint and Papers (NSE:TNPL) Is Taking Some Risk With Its Debt
Jun 30Tamil Nadu Newsprint and Papers' (NSE:TNPL) Performance Is Even Better Than Its Earnings Suggest
May 26Tamil Nadu Newsprint and Papers (NSE:TNPL) Will Be Looking To Turn Around Its Returns
Feb 02Tamil Nadu Newsprint and Papers (NSE:TNPL) Has Announced That Its Dividend Will Be Reduced To ₹3.00
Sep 13Tamil Nadu Newsprint and Papers' (NSE:TNPL) Shareholders Will Receive A Smaller Dividend Than Last Year
Aug 30Tamil Nadu Newsprint and Papers (NSE:TNPL) Has Announced That Its Dividend Will Be Reduced To ₹3.00
Aug 03Tamil Nadu Newsprint and Papers (NSE:TNPL) Will Pay A Smaller Dividend Than Last Year
Jun 27Tamil Nadu Newsprint and Papers' (NSE:TNPL) Returns On Capital Not Reflecting Well On The Business
May 25Is Tamil Nadu Newsprint and Papers Limited (NSE:TNPL) An Attractive Dividend Stock?
Apr 20Does Tamil Nadu Newsprint and Papers (NSE:TNPL) Have A Healthy Balance Sheet?
Mar 23Reflecting on Tamil Nadu Newsprint and Papers' (NSE:TNPL) Share Price Returns Over The Last Three Years
Mar 02Here's What's Concerning About Tamil Nadu Newsprint and Papers (NSE:TNPL)
Feb 09Could The Tamil Nadu Newsprint and Papers Limited (NSE:TNPL) Ownership Structure Tell Us Something Useful?
Jan 19
Does Tamil Nadu Newsprint and Papers Limited (NSE:TNPL) Have A Place In Your Dividend Stock Portfolio?
Dec 29Tamil Nadu Newsprint and Papers (NSE:TNPL) Seems To Be Using A Lot Of Debt
Dec 08A Look At Tamil Nadu Newsprint and Papers' (NSE:TNPL) Share Price Returns
Nov 19Calculating The Intrinsic Value Of Tamil Nadu Newsprint and Papers Limited (NSE:TNPL)
Oct 29What Type Of Shareholders Own The Most Number of Tamil Nadu Newsprint and Papers Limited (NSE:TNPL) Shares?
Oct 08What Does Tamil Nadu Newsprint and Papers' (NSE:TNPL) CEO Pay Reveal?
Sep 21Don't Race Out To Buy Tamil Nadu Newsprint and Papers Limited (NSE:TNPL) Just Because It's Going Ex-Dividend
Sep 04Should You Be Worried About Tamil Nadu Newsprint and Papers' (NSE:TNPL) Returns On Capital?
Aug 26Is Tamil Nadu Newsprint and Papers Limited (NSE:TNPL) At Risk Of Cutting Its Dividend?
Aug 04Tamil Nadu Newsprint and Papers (NSE:TNPL) Takes On Some Risk With Its Use Of Debt
Jul 14Financial Position Analysis
Short Term Liabilities: TNPL's short term assets (₹15.6B) do not cover its short term liabilities (₹26.0B).
Long Term Liabilities: TNPL's short term assets (₹15.6B) do not cover its long term liabilities (₹15.8B).
Debt to Equity History and Analysis
Debt Level: TNPL's net debt to equity ratio (90.3%) is considered high.
Reducing Debt: TNPL's debt to equity ratio has reduced from 122.2% to 96.2% over the past 5 years.
Debt Coverage: TNPL's debt is well covered by operating cash flow (43.2%).
Interest Coverage: TNPL's interest payments on its debt are well covered by EBIT (4.2x coverage).