TCI Industries Balance Sheet Health
Financial Health criteria checks 2/6
TCI Industries has a total shareholder equity of ₹109.2M and total debt of ₹8.3M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are ₹132.1M and ₹22.9M respectively.
Key information
7.6%
Debt to equity ratio
₹8.29m
Debt
Interest coverage ratio | n/a |
Cash | ₹5.98m |
Equity | ₹109.20m |
Total liabilities | ₹22.89m |
Total assets | ₹132.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532262's short term assets (₹11.5M) do not cover its short term liabilities (₹13.2M).
Long Term Liabilities: 532262's short term assets (₹11.5M) exceed its long term liabilities (₹9.7M).
Debt to Equity History and Analysis
Debt Level: 532262's net debt to equity ratio (2.1%) is considered satisfactory.
Reducing Debt: 532262's debt to equity ratio has increased from 4.5% to 7.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 532262 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 532262 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 3.7% each year