TCC Concept Balance Sheet Health
Financial Health criteria checks 4/6
TCC Concept has a total shareholder equity of ₹6.9B and total debt of ₹6.2M, which brings its debt-to-equity ratio to 0.09%. Its total assets and total liabilities are ₹7.2B and ₹270.1M respectively. TCC Concept's EBIT is ₹404.0M making its interest coverage ratio 61.6. It has cash and short-term investments of ₹1.4B.
Key information
0.09%
Debt to equity ratio
₹6.15m
Debt
| Interest coverage ratio | 61.6x |
| Cash | ₹1.39b |
| Equity | ₹6.89b |
| Total liabilities | ₹270.06m |
| Total assets | ₹7.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 512038's short term assets (₹2.0B) exceed its short term liabilities (₹248.8M).
Long Term Liabilities: 512038's short term assets (₹2.0B) exceed its long term liabilities (₹21.3M).
Debt to Equity History and Analysis
Debt Level: 512038 has more cash than its total debt.
Reducing Debt: 512038's debt to equity ratio has increased from 0% to 0.09% over the past 5 years.
Debt Coverage: 512038's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 512038's interest payments on its debt are well covered by EBIT (61.6x coverage).