Thangamayil Jewellery Balance Sheet Health
Financial Health criteria checks 4/6
Thangamayil Jewellery has a total shareholder equity of ₹4.9B and total debt of ₹5.3B, which brings its debt-to-equity ratio to 107.9%. Its total assets and total liabilities are ₹14.8B and ₹9.9B respectively. Thangamayil Jewellery's EBIT is ₹2.2B making its interest coverage ratio 8.7. It has cash and short-term investments of ₹135.7M.
Key information
107.9%
Debt to equity ratio
₹5.32b
Debt
| Interest coverage ratio | 8.7x |
| Cash | ₹135.70m |
| Equity | ₹4.93b |
| Total liabilities | ₹9.88b |
| Total assets | ₹14.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533158's short term assets (₹13.1B) exceed its short term liabilities (₹8.5B).
Long Term Liabilities: 533158's short term assets (₹13.1B) exceed its long term liabilities (₹1.4B).
Debt to Equity History and Analysis
Debt Level: 533158's net debt to equity ratio (105.1%) is considered high.
Reducing Debt: 533158's debt to equity ratio has increased from 93.1% to 107.9% over the past 5 years.
Debt Coverage: 533158's debt is well covered by operating cash flow (62.1%).
Interest Coverage: 533158's interest payments on its debt are well covered by EBIT (8.7x coverage).