Tarsons Products Balance Sheet Health
Financial Health criteria checks 6/6
Tarsons Products has a total shareholder equity of ₹6.1B and total debt of ₹2.6B, which brings its debt-to-equity ratio to 41.9%. Its total assets and total liabilities are ₹9.7B and ₹3.6B respectively. Tarsons Products's EBIT is ₹594.1M making its interest coverage ratio 5.9. It has cash and short-term investments of ₹226.1M.
Key information
41.9%
Debt to equity ratio
₹2.57b
Debt
Interest coverage ratio | 5.9x |
Cash | ₹226.11m |
Equity | ₹6.13b |
Total liabilities | ₹3.59b |
Total assets | ₹9.72b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543399's short term assets (₹2.4B) exceed its short term liabilities (₹2.1B).
Long Term Liabilities: 543399's short term assets (₹2.4B) exceed its long term liabilities (₹1.5B).
Debt to Equity History and Analysis
Debt Level: 543399's net debt to equity ratio (38.2%) is considered satisfactory.
Reducing Debt: 543399's debt to equity ratio has reduced from 46.5% to 41.9% over the past 5 years.
Debt Coverage: 543399's debt is well covered by operating cash flow (40%).
Interest Coverage: 543399's interest payments on its debt are well covered by EBIT (5.9x coverage).