Thangamayil Jewellery Balance Sheet Health
Financial Health criteria checks 3/6
Thangamayil Jewellery has a total shareholder equity of ₹5.2B and total debt of ₹7.7B, which brings its debt-to-equity ratio to 149.4%. Its total assets and total liabilities are ₹18.7B and ₹13.5B respectively. Thangamayil Jewellery's EBIT is ₹1.9B making its interest coverage ratio 7.1. It has cash and short-term investments of ₹1.8B.
Key information
149.4%
Debt to equity ratio
₹7.71b
Debt
| Interest coverage ratio | 7.1x |
| Cash | ₹1.77b |
| Equity | ₹5.16b |
| Total liabilities | ₹13.53b |
| Total assets | ₹18.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533158's short term assets (₹16.8B) exceed its short term liabilities (₹12.3B).
Long Term Liabilities: 533158's short term assets (₹16.8B) exceed its long term liabilities (₹1.3B).
Debt to Equity History and Analysis
Debt Level: 533158's net debt to equity ratio (115.2%) is considered high.
Reducing Debt: 533158's debt to equity ratio has increased from 118.4% to 149.4% over the past 5 years.
Debt Coverage: 533158's debt is not well covered by operating cash flow (9.6%).
Interest Coverage: 533158's interest payments on its debt are well covered by EBIT (7.1x coverage).