TTK Healthcare Balance Sheet Health
Financial Health criteria checks 5/6
TTK Healthcare has a total shareholder equity of ₹9.7B and total debt of ₹248.9M, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are ₹11.8B and ₹2.1B respectively. TTK Healthcare's EBIT is ₹274.1M making its interest coverage ratio -0.6. It has cash and short-term investments of ₹8.4B.
Key information
2.6%
Debt to equity ratio
₹248.92m
Debt
Interest coverage ratio | -0.6x |
Cash | ₹8.45b |
Equity | ₹9.72b |
Total liabilities | ₹2.10b |
Total assets | ₹11.82b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 507747's short term assets (₹10.8B) exceed its short term liabilities (₹2.0B).
Long Term Liabilities: 507747's short term assets (₹10.8B) exceed its long term liabilities (₹52.3M).
Debt to Equity History and Analysis
Debt Level: 507747 has more cash than its total debt.
Reducing Debt: 507747's debt to equity ratio has reduced from 12.3% to 2.6% over the past 5 years.
Debt Coverage: 507747's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 507747 earns more interest than it pays, so coverage of interest payments is not a concern.