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 ₹21.1B and total debt of ₹17.9B, which brings its debt-to-equity ratio to 85%. Its total assets and total liabilities are ₹61.2B and ₹40.1B respectively. Tamil Nadu Newsprint and Papers's EBIT is ₹3.1B making its interest coverage ratio 1.7. It has cash and short-term investments of ₹65.4M.
Key information
85.0%
Debt to equity ratio
₹17.95b
Debt
| Interest coverage ratio | 1.7x |
| Cash | ₹65.40m |
| Equity | ₹21.12b |
| Total liabilities | ₹40.09b |
| Total assets | ₹61.21b |
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 23Recent updates
Tamil Nadu Newsprint and Papers' (NSE:TNPL) Dividend Will Be Reduced To ₹1.00
Sep 11Tamil Nadu Newsprint and Papers (NSE:TNPL) Has Announced That Its Dividend Will Be Reduced To ₹1.00
Aug 03Tamil Nadu Newsprint and Papers' (NSE:TNPL) Dividend Is Being Reduced To ₹1.00
Jun 28Tamil Nadu Newsprint and Papers' (NSE:TNPL) Shareholders Will Receive A Smaller Dividend Than Last Year
Jun 10Tamil Nadu Newsprint and Papers (NSE:TNPL) Has Announced That Its Dividend Will Be Reduced To ₹1.00
May 27Is 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 09Financial Position Analysis
Short Term Liabilities: TNPL's short term assets (₹18.1B) do not cover its short term liabilities (₹26.9B).
Long Term Liabilities: TNPL's short term assets (₹18.1B) exceed its long term liabilities (₹13.2B).
Debt to Equity History and Analysis
Debt Level: TNPL's net debt to equity ratio (84.7%) is considered high.
Reducing Debt: TNPL's debt to equity ratio has reduced from 95.4% to 85% over the past 5 years.
Debt Coverage: TNPL's debt is well covered by operating cash flow (32.7%).
Interest Coverage: TNPL's interest payments on its debt are not well covered by EBIT (1.7x coverage).