Tarsons Products Balance Sheet Health
Financial Health criteria checks 4/6
Tarsons Products has a total shareholder equity of ₹6.1B and total debt of ₹3.0B, which brings its debt-to-equity ratio to 49.7%. Its total assets and total liabilities are ₹10.5B and ₹4.4B respectively. Tarsons Products's EBIT is ₹498.1M making its interest coverage ratio 3.5. It has cash and short-term investments of ₹363.6M.
Key information
49.7%
Debt to equity ratio
₹3.05b
Debt
| Interest coverage ratio | 3.5x |
| Cash | ₹363.58m |
| Equity | ₹6.14b |
| Total liabilities | ₹4.40b |
| Total assets | ₹10.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543399's short term assets (₹2.6B) exceed its short term liabilities (₹2.2B).
Long Term Liabilities: 543399's short term assets (₹2.6B) exceed its long term liabilities (₹2.2B).
Debt to Equity History and Analysis
Debt Level: 543399's net debt to equity ratio (43.7%) is considered high.
Reducing Debt: 543399's debt to equity ratio has increased from 29.2% to 49.7% over the past 5 years.
Debt Coverage: 543399's debt is well covered by operating cash flow (25.1%).
Interest Coverage: 543399's interest payments on its debt are well covered by EBIT (3.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 18:27 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Tarsons Products Limited is covered by 7 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nitin Bhasin | Ambit Capital |
| Karan Khanna | Ambit Capital |
| Vijayaraghavan Swaminathan | Avendus Spark |