TCI Industries Balance Sheet Health
Financial Health criteria checks 4/6
TCI Industries has a total shareholder equity of ₹139.0M and total debt of ₹17.0M, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are ₹169.6M and ₹30.6M respectively.
Key information
12.2%
Debt to equity ratio
₹17.01m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹9.34m |
| Equity | ₹138.97m |
| Total liabilities | ₹30.60m |
| Total assets | ₹169.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532262's short term assets (₹18.5M) do not cover its short term liabilities (₹21.2M).
Long Term Liabilities: 532262's short term assets (₹18.5M) exceed its long term liabilities (₹9.4M).
Debt to Equity History and Analysis
Debt Level: 532262's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: 532262's debt to equity ratio has increased from 7.4% to 12.2% 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 sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 532262 is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.