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).