Tips Industries Balance Sheet Health
Financial Health criteria checks 6/6
Tips Industries has a total shareholder equity of ₹1.8B and total debt of ₹50.1M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are ₹3.4B and ₹1.6B respectively. Tips Industries's EBIT is ₹1.8B making its interest coverage ratio -21.8. It has cash and short-term investments of ₹1.5B.
Key information
2.8%
Debt to equity ratio
₹50.06m
Debt
| Interest coverage ratio | -21.8x |
| Cash | ₹1.55b |
| Equity | ₹1.79b |
| Total liabilities | ₹1.59b |
| Total assets | ₹3.39b |
Recent financial health updates
No updates
Recent updates
Tips Industries (NSE:TIPSINDLTD) Is Due To Pay A Dividend Of ₹2.00
Jul 27
Tips Industries Limited's (NSE:TIPSINDLTD) 28% Jump Shows Its Popularity With Investors
Jul 17We Think Tips Industries' (NSE:TIPSINDLTD) Robust Earnings Are Conservative
Jul 12With EPS Growth And More, Tips Industries (NSE:TIPSINDLTD) Makes An Interesting Case
Feb 27Tips Industries Limited (NSE:TIPSINDLTD) Stocks Shoot Up 26% But Its P/E Still Looks Reasonable
Jan 30Is Now The Time To Put Tips Industries (NSE:TIPSINDLTD) On Your Watchlist?
Jun 01Here's Why I Think Tips Industries (NSE:TIPSINDLTD) Might Deserve Your Attention Today
Dec 28We Think Tips Industries (NSE:TIPSINDLTD) Might Have The DNA Of A Multi-Bagger
Dec 08Do Tips Industries's (NSE:TIPSINDLTD) Earnings Warrant Your Attention?
Sep 10Tips Industries (NSE:TIPSINDLTD) Is Very Good At Capital Allocation
Jun 18Is Now The Time To Put Tips Industries (NSE:TIPSINDLTD) On Your Watchlist?
Jun 01Why Tips Industries Limited (NSE:TIPSINDLTD) Should Be In Your Dividend Portfolio
Apr 14A Look At The Intrinsic Value Of Tips Industries Limited (NSE:TIPSINDLTD)
Mar 11Tips Industries Limited's (NSE:TIPSINDLTD) Stock's On An Uptrend: Are Strong Financials Guiding The Market?
Feb 23Does Tips Industries (NSE:TIPSINDLTD) Deserve A Spot On Your Watchlist?
Feb 09
Shareholders of Tips Industries (NSE:TIPSINDLTD) Must Be Delighted With Their 527% Total Return
Jan 25Tips Industries Limited's (NSE:TIPSINDLTD) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
Jan 11This Insider Has Just Sold Shares In Tips Industries Limited (NSE:TIPSINDLTD)
Dec 28Is There More To The Story Than Tips Industries's (NSE:TIPSINDLTD) Earnings Growth?
Dec 14Is Tips Industries Limited's(NSE:TIPSINDLTD) Recent Stock Performance Tethered To Its Strong Fundamentals?
Nov 23Financial Position Analysis
Short Term Liabilities: TIPSINDLTD's short term assets (₹2.8B) exceed its short term liabilities (₹834.1M).
Long Term Liabilities: TIPSINDLTD's short term assets (₹2.8B) exceed its long term liabilities (₹759.6M).
Debt to Equity History and Analysis
Debt Level: TIPSINDLTD has more cash than its total debt.
Reducing Debt: TIPSINDLTD's debt to equity ratio has reduced from 12.1% to 2.8% over the past 5 years.
Debt Coverage: TIPSINDLTD's debt is well covered by operating cash flow (4653.3%).
Interest Coverage: TIPSINDLTD earns more interest than it pays, so coverage of interest payments is not a concern.