Trident Lifeline Balance Sheet Health
Financial Health criteria checks 4/6
Trident Lifeline has a total shareholder equity of ₹539.5M and total debt of ₹184.1M, which brings its debt-to-equity ratio to 34.1%. Its total assets and total liabilities are ₹870.8M and ₹331.3M respectively. Trident Lifeline's EBIT is ₹72.2M making its interest coverage ratio 11.9. It has cash and short-term investments of ₹66.5M.
Key information
34.1%
Debt to equity ratio
₹184.10m
Debt
Interest coverage ratio | 11.9x |
Cash | ₹66.54m |
Equity | ₹539.50m |
Total liabilities | ₹331.26m |
Total assets | ₹870.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543616's short term assets (₹519.7M) exceed its short term liabilities (₹202.6M).
Long Term Liabilities: 543616's short term assets (₹519.7M) exceed its long term liabilities (₹128.7M).
Debt to Equity History and Analysis
Debt Level: 543616's net debt to equity ratio (21.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 543616's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543616's debt is not well covered by operating cash flow (12.1%).
Interest Coverage: 543616's interest payments on its debt are well covered by EBIT (11.9x coverage).