TARC Balance Sheet Health
Financial Health criteria checks 4/6
TARC has a total shareholder equity of ₹13.6B and total debt of ₹13.3B, which brings its debt-to-equity ratio to 97.9%. Its total assets and total liabilities are ₹32.5B and ₹18.9B respectively. TARC's EBIT is ₹1.1B making its interest coverage ratio 0.9. It has cash and short-term investments of ₹380.3M.
Key information
97.9%
Debt to equity ratio
₹13.32b
Debt
Interest coverage ratio | 0.9x |
Cash | ₹380.31m |
Equity | ₹13.60b |
Total liabilities | ₹18.88b |
Total assets | ₹32.48b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543249's short term assets (₹16.4B) exceed its short term liabilities (₹9.4B).
Long Term Liabilities: 543249's short term assets (₹16.4B) exceed its long term liabilities (₹9.4B).
Debt to Equity History and Analysis
Debt Level: 543249's net debt to equity ratio (95.1%) is considered high.
Reducing Debt: Insufficient data to determine if 543249's debt to equity ratio has reduced 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: Whilst unprofitable 543249 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 543249 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 46.3% per year.