TTK Healthcare Balance Sheet Health
Financial Health criteria checks 5/6
TTK Healthcare has a total shareholder equity of ₹10.4B and total debt of ₹301.1M, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are ₹12.7B and ₹2.3B respectively. TTK Healthcare's EBIT is ₹223.6M making its interest coverage ratio -0.4. It has cash and short-term investments of ₹7.9B.
Key information
2.9%
Debt to equity ratio
₹301.12m
Debt
| Interest coverage ratio | -0.4x |
| Cash | ₹7.93b |
| Equity | ₹10.39b |
| Total liabilities | ₹2.28b |
| Total assets | ₹12.67b |
Recent financial health updates
Here's Why TTK Healthcare (NSE:TTKHLTCARE) Can Manage Its Debt Responsibly
Feb 22
Is TTK Healthcare (NSE:TTKHLTCARE) A Risky Investment?
Nov 16Recent updates
TTK Healthcare (NSE:TTKHLTCARE) Has Affirmed Its Dividend Of ₹10.00
Jul 16TTK Healthcare (NSE:TTKHLTCARE) Is Paying Out A Dividend Of ₹10.00
Jul 02Estimating The Fair Value Of TTK Healthcare Limited (NSE:TTKHLTCARE)
Mar 04Is Now The Time To Put TTK Healthcare (NSE:TTKHLTCARE) On Your Watchlist?
Jun 04Is TTK Healthcare Limited (NSE:TTKHLTCARE) A Good Fit For Your Dividend Portfolio?
Mar 17Here's Why TTK Healthcare (NSE:TTKHLTCARE) Can Manage Its Debt Responsibly
Feb 22TTK Healthcare Limited (NSE:TTKHLTCARE) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?
Feb 02A Look At TTK Healthcare's (NSE:TTKHLTCARE) Share Price Returns
Jan 19
Our Take On TTK Healthcare's (NSE:TTKHLTCARE) CEO Salary
Jan 01Is TTK Healthcare Limited (NSE:TTKHLTCARE) A Good Fit For Your Dividend Portfolio?
Dec 16Is There More To The Story Than TTK Healthcare's (NSE:TTKHLTCARE) Earnings Growth?
Dec 01Is TTK Healthcare (NSE:TTKHLTCARE) A Risky Investment?
Nov 16Is The Market Rewarding TTK Healthcare Limited (NSE:TTKHLTCARE) With A Negative Sentiment As A Result Of Its Mixed Fundamentals?
Oct 21How Is TTK Healthcare's (NSE:TTKHLTCARE) CEO Paid Relative To Peers?
Sep 21Do These 3 Checks Before Buying TTK Healthcare Limited (NSE:TTKHLTCARE) For Its Upcoming Dividend
Aug 29TTK Healthcare's (NSE:TTKHLTCARE) Shareholders Are Down 36% On Their Shares
Aug 21Are Dividend Investors Getting More Than They Bargained For With TTK Healthcare Limited's (NSE:TTKHLTCARE) Dividend?
Jul 24Financial Position Analysis
Short Term Liabilities: TTKHLTCARE's short term assets (₹11.6B) exceed its short term liabilities (₹2.2B).
Long Term Liabilities: TTKHLTCARE's short term assets (₹11.6B) exceed its long term liabilities (₹36.4M).
Debt to Equity History and Analysis
Debt Level: TTKHLTCARE has more cash than its total debt.
Reducing Debt: TTKHLTCARE's debt to equity ratio has reduced from 12.1% to 2.9% over the past 5 years.
Debt Coverage: TTKHLTCARE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TTKHLTCARE earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 19:20 |
| End of Day Share Price | 2025/01/10 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
TTK Healthcare Limited is covered by 1 analysts. 0 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 |
|---|---|
| Anil Burra | FirstCall Research |