Touchwood Entertainment Balance Sheet Health
Financial Health criteria checks 5/6
Touchwood Entertainment has a total shareholder equity of ₹334.3M and total debt of ₹5.6M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are ₹384.7M and ₹50.4M respectively. Touchwood Entertainment's EBIT is ₹42.4M making its interest coverage ratio 115.5. It has cash and short-term investments of ₹156.6M.
Key information
1.7%
Debt to equity ratio
₹5.62m
Debt
| Interest coverage ratio | 115.5x |
| Cash | ₹156.64m |
| Equity | ₹334.28m |
| Total liabilities | ₹50.37m |
| Total assets | ₹384.65m |
Recent financial health updates
No updates
Recent updates
Some Touchwood Entertainment Limited (NSE:TOUCHWOOD) Shareholders Look For Exit As Shares Take 27% Pounding
Mar 15
Does Touchwood Entertainment (NSE:TOUCHWOOD) Deserve A Spot On Your Watchlist?
Apr 18With EPS Growth And More, Touchwood Entertainment (NSE:TOUCHWOOD) Makes An Interesting Case
Jan 12Does Touchwood Entertainment (NSE:TOUCHWOOD) Deserve A Spot On Your Watchlist?
Sep 15Investors In Touchwood Entertainment Limited (NSE:TOUCHWOOD) Should Consider This, First
Dec 17
Financial Position Analysis
Short Term Liabilities: TOUCHWOOD's short term assets (₹336.9M) exceed its short term liabilities (₹39.4M).
Long Term Liabilities: TOUCHWOOD's short term assets (₹336.9M) exceed its long term liabilities (₹10.9M).
Debt to Equity History and Analysis
Debt Level: TOUCHWOOD has more cash than its total debt.
Reducing Debt: TOUCHWOOD's debt to equity ratio has reduced from 6.7% to 1.7% over the past 5 years.
Debt Coverage: TOUCHWOOD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TOUCHWOOD's interest payments on its debt are well covered by EBIT (115.5x coverage).