Trident Lifeline Balance Sheet Health
Financial Health criteria checks 4/6
Trident Lifeline has a total shareholder equity of ₹576.2M and total debt of ₹228.4M, which brings its debt-to-equity ratio to 39.6%. Its total assets and total liabilities are ₹978.6M and ₹402.4M respectively. Trident Lifeline's EBIT is ₹120.0M making its interest coverage ratio -142.2. It has cash and short-term investments of ₹65.7M.
Key information
39.6%
Debt to equity ratio
₹228.40m
Debt
| Interest coverage ratio | -142.2x |
| Cash | ₹65.73m |
| Equity | ₹576.17m |
| Total liabilities | ₹402.41m |
| Total assets | ₹978.58m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543616's short term assets (₹613.3M) exceed its short term liabilities (₹235.7M).
Long Term Liabilities: 543616's short term assets (₹613.3M) exceed its long term liabilities (₹166.7M).
Debt to Equity History and Analysis
Debt Level: 543616's net debt to equity ratio (28.2%) 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 (11%).
Interest Coverage: 543616 earns more interest than it pays, so coverage of interest payments is not a concern.