Tribhovandas Bhimji Zaveri Balance Sheet Health
Financial Health criteria checks 3/6
Tribhovandas Bhimji Zaveri has a total shareholder equity of ₹5.7B and total debt of ₹6.2B, which brings its debt-to-equity ratio to 109.2%. Its total assets and total liabilities are ₹14.4B and ₹8.7B respectively. Tribhovandas Bhimji Zaveri's EBIT is ₹1.2B making its interest coverage ratio 2.6. It has cash and short-term investments of ₹409.7M.
Key information
109.2%
Debt to equity ratio
₹6.20b
Debt
| Interest coverage ratio | 2.6x |
| Cash | ₹409.68m |
| Equity | ₹5.68b |
| Total liabilities | ₹8.72b |
| Total assets | ₹14.40b |
Recent financial health updates
Is Tribhovandas Bhimji Zaveri (NSE:TBZ) Using Too Much Debt?
Dec 22
Tribhovandas Bhimji Zaveri (NSE:TBZ) Takes On Some Risk With Its Use Of Debt
Aug 17Tribhovandas Bhimji Zaveri (NSE:TBZ) Use Of Debt Could Be Considered Risky
Dec 26Tribhovandas Bhimji Zaveri (NSE:TBZ) Seems To Be Using A Lot Of Debt
Jun 21Tribhovandas Bhimji Zaveri (NSE:TBZ) Has A Somewhat Strained Balance Sheet
Feb 02Recent updates
Tribhovandas Bhimji Zaveri Limited (NSE:TBZ) Soars 25% But It's A Story Of Risk Vs Reward
Apr 18There's Been No Shortage Of Growth Recently For Tribhovandas Bhimji Zaveri's (NSE:TBZ) Returns On Capital
Mar 14Is Tribhovandas Bhimji Zaveri (NSE:TBZ) Using Too Much Debt?
Dec 22Investors Will Want Tribhovandas Bhimji Zaveri's (NSE:TBZ) Growth In ROCE To Persist
Oct 12Increases to Tribhovandas Bhimji Zaveri Limited's (NSE:TBZ) CEO Compensation Might Cool off for now
Sep 07Tribhovandas Bhimji Zaveri (NSE:TBZ) Takes On Some Risk With Its Use Of Debt
Aug 17Tribhovandas Bhimji Zaveri (NSE:TBZ) Use Of Debt Could Be Considered Risky
Dec 26Tribhovandas Bhimji Zaveri (NSE:TBZ) Seems To Be Using A Lot Of Debt
Jun 21The Returns At Tribhovandas Bhimji Zaveri (NSE:TBZ) Aren't Growing
May 10Tribhovandas Bhimji Zaveri (NSE:TBZ) Has A Somewhat Strained Balance Sheet
Feb 02We Like These Underlying Return On Capital Trends At Tribhovandas Bhimji Zaveri (NSE:TBZ)
Nov 18Here's Why We Think Tribhovandas Bhimji Zaveri (NSE:TBZ) Is Well Worth Watching
Aug 11What We Make Of Tribhovandas Bhimji Zaveri's (NSE:TBZ) Returns On Capital
Mar 11A Quick Analysis On Tribhovandas Bhimji Zaveri's (NSE:TBZ) CEO Salary
Feb 22Tribhovandas Bhimji Zaveri Limited's (NSE:TBZ) Stock Is Going Strong: Have Financials A Role To Play?
Feb 04If You Had Bought Tribhovandas Bhimji Zaveri (NSE:TBZ) Shares A Year Ago You'd Have Earned 87% Returns
Jan 18Are Tribhovandas Bhimji Zaveri's (NSE:TBZ) Statutory Earnings A Good Guide To Its Underlying Profitability?
Dec 08
Here's What We Make Of Tribhovandas Bhimji Zaveri's (NSE:TBZ) Returns On Capital
Nov 10Financial Position Analysis
Short Term Liabilities: TBZ's short term assets (₹12.6B) exceed its short term liabilities (₹7.9B).
Long Term Liabilities: TBZ's short term assets (₹12.6B) exceed its long term liabilities (₹856.9M).
Debt to Equity History and Analysis
Debt Level: TBZ's net debt to equity ratio (102%) is considered high.
Reducing Debt: TBZ's debt to equity ratio has reduced from 123.7% to 109.2% over the past 5 years.
Debt Coverage: TBZ's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: TBZ's interest payments on its debt are not well covered by EBIT (2.6x coverage).