Tribhovandas Bhimji Zaveri Balance Sheet Health
Financial Health criteria checks 3/6
Tribhovandas Bhimji Zaveri has a total shareholder equity of ₹6.0B and total debt of ₹5.3B, which brings its debt-to-equity ratio to 88.6%. Its total assets and total liabilities are ₹14.6B and ₹8.6B respectively. Tribhovandas Bhimji Zaveri's EBIT is ₹1.2B making its interest coverage ratio 2.3. It has cash and short-term investments of ₹497.6M.
Key information
88.6%
Debt to equity ratio
₹5.33b
Debt
Interest coverage ratio | 2.3x |
Cash | ₹497.65m |
Equity | ₹6.02b |
Total liabilities | ₹8.57b |
Total assets | ₹14.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 534369's short term assets (₹12.9B) exceed its short term liabilities (₹7.8B).
Long Term Liabilities: 534369's short term assets (₹12.9B) exceed its long term liabilities (₹791.5M).
Debt to Equity History and Analysis
Debt Level: 534369's net debt to equity ratio (80.3%) is considered high.
Reducing Debt: 534369's debt to equity ratio has reduced from 125.2% to 88.6% over the past 5 years.
Debt Coverage: 534369's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: 534369's interest payments on its debt are not well covered by EBIT (2.3x coverage).