TCC Concept Balance Sheet Health
Financial Health criteria checks 5/6
TCC Concept has a total shareholder equity of ₹1.1B and total debt of ₹44.7M, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are ₹1.3B and ₹242.5M respectively. TCC Concept's EBIT is ₹200.0M making its interest coverage ratio 94.4. It has cash and short-term investments of ₹22.1M.
Key information
4.2%
Debt to equity ratio
₹44.68m
Debt
Interest coverage ratio | 94.4x |
Cash | ₹22.11m |
Equity | ₹1.08b |
Total liabilities | ₹242.54m |
Total assets | ₹1.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512038's short term assets (₹526.2M) exceed its short term liabilities (₹206.2M).
Long Term Liabilities: 512038's short term assets (₹526.2M) exceed its long term liabilities (₹36.4M).
Debt to Equity History and Analysis
Debt Level: 512038's net debt to equity ratio (2.1%) is considered satisfactory.
Reducing Debt: 512038's debt to equity ratio has increased from 0% to 4.2% over the past 5 years.
Debt Coverage: 512038's debt is well covered by operating cash flow (458.7%).
Interest Coverage: 512038's interest payments on its debt are well covered by EBIT (94.4x coverage).