Tribhovandas Bhimji Zaveri Balance Sheet Health
Financial Health criteria checks 3/6
Tribhovandas Bhimji Zaveri has a total shareholder equity of ₹6.2B and total debt of ₹5.8B, which brings its debt-to-equity ratio to 93.7%. Its total assets and total liabilities are ₹17.2B and ₹11.0B respectively. Tribhovandas Bhimji Zaveri's EBIT is ₹1.3B making its interest coverage ratio 2.9. It has cash and short-term investments of ₹493.0M.
Key information
93.7%
Debt to equity ratio
₹5.79b
Debt
| Interest coverage ratio | 2.9x |
| Cash | ₹493.02m |
| Equity | ₹6.18b |
| Total liabilities | ₹10.98b |
| Total assets | ₹17.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 534369's short term assets (₹15.4B) exceed its short term liabilities (₹10.1B).
Long Term Liabilities: 534369's short term assets (₹15.4B) exceed its long term liabilities (₹852.6M).
Debt to Equity History and Analysis
Debt Level: 534369's net debt to equity ratio (85.7%) is considered high.
Reducing Debt: 534369's debt to equity ratio has reduced from 117.8% to 93.7% over the past 5 years.
Debt Coverage: 534369's debt is not well covered by operating cash flow (7.3%).
Interest Coverage: 534369's interest payments on its debt are not well covered by EBIT (2.9x coverage).