Thangamayil Jewellery Balance Sheet Health
Financial Health criteria checks 5/6
Thangamayil Jewellery has a total shareholder equity of ₹4.5B and total debt of ₹5.3B, which brings its debt-to-equity ratio to 117.7%. Its total assets and total liabilities are ₹13.6B and ₹9.1B respectively. Thangamayil Jewellery's EBIT is ₹2.1B making its interest coverage ratio 6.8. It has cash and short-term investments of ₹749.4M.
Key information
117.7%
Debt to equity ratio
₹5.27b
Debt
| Interest coverage ratio | 6.8x |
| Cash | ₹749.40m |
| Equity | ₹4.47b |
| Total liabilities | ₹9.10b |
| Total assets | ₹13.58b |
Recent financial health updates
Is Thangamayil Jewellery (NSE:THANGAMAYL) A Risky Investment?
Jul 31
Thangamayil Jewellery (NSE:THANGAMAYL) Has A Pretty Healthy Balance Sheet
Dec 23Recent updates
Is It Too Late To Consider Buying Thangamayil Jewellery Limited (NSE:THANGAMAYL)?
Apr 03Investors Don't See Light At End Of Thangamayil Jewellery Limited's (NSE:THANGAMAYL) Tunnel
Mar 16Thangamayil Jewellery (NSE:THANGAMAYL) Has Affirmed Its Dividend Of ₹4.00
Feb 04Do Thangamayil Jewellery's (NSE:THANGAMAYL) Earnings Warrant Your Attention?
Oct 11Thangamayil Jewellery (NSE:THANGAMAYL) Is Investing Its Capital With Increasing Efficiency
Aug 22Is Thangamayil Jewellery (NSE:THANGAMAYL) A Risky Investment?
Jul 31Here's Why We Think Thangamayil Jewellery (NSE:THANGAMAYL) Might Deserve Your Attention Today
May 25Thangamayil Jewellery (NSE:THANGAMAYL) Is Paying Out A Larger Dividend Than Last Year
May 25Thangamayil Jewellery's (NSE:THANGAMAYL) Shareholders Will Receive A Bigger Dividend Than Last Year
Jan 27Thangamayil Jewellery (NSE:THANGAMAYL) Is Very Good At Capital Allocation
Oct 07Is Now The Time To Put Thangamayil Jewellery (NSE:THANGAMAYL) On Your Watchlist?
Mar 30Insider Buying: The Thangamayil Jewellery Limited (NSE:THANGAMAYL) Founder Just Bought 6.1% More Shares
Mar 17The Trend Of High Returns At Thangamayil Jewellery (NSE:THANGAMAYL) Has Us Very Interested
Mar 08Balasubbu Prasannan Is The General Manager of Marketing of Thangamayil Jewellery Limited (NSE:THANGAMAYL) And They Just Picked Up 3.7% More Shares
Feb 13What Type Of Shareholders Own The Most Number of Thangamayil Jewellery Limited (NSE:THANGAMAYL) Shares?
Feb 08Can You Imagine How Jubilant Thangamayil Jewellery's (NSE:THANGAMAYL) Shareholders Feel About Its 181% Share Price Gain?
Jan 25
Is Thangamayil Jewellery Limited's (NSE:THANGAMAYL) Latest Stock Performance A Reflection Of Its Financial Health?
Jan 13Thangamayil Jewellery (NSE:THANGAMAYL) Is Growing Earnings But Are They A Good Guide?
Jan 04Thangamayil Jewellery (NSE:THANGAMAYL) Has A Pretty Healthy Balance Sheet
Dec 23Does Thangamayil Jewellery (NSE:THANGAMAYL) Deserve A Spot On Your Watchlist?
Dec 14Founder Balusamy Darmini Just Bought A Handful Of Shares In Thangamayil Jewellery Limited (NSE:THANGAMAYL)
Dec 02Returns On Capital - An Important Metric For Thangamayil Jewellery (NSE:THANGAMAYL)
Nov 23Here's Why We Think Thangamayil Jewellery (NSE:THANGAMAYL) Is Well Worth Watching
Jun 30Financial Position Analysis
Short Term Liabilities: THANGAMAYL's short term assets (₹12.1B) exceed its short term liabilities (₹7.5B).
Long Term Liabilities: THANGAMAYL's short term assets (₹12.1B) exceed its long term liabilities (₹1.6B).
Debt to Equity History and Analysis
Debt Level: THANGAMAYL's net debt to equity ratio (100.9%) is considered high.
Reducing Debt: THANGAMAYL's debt to equity ratio has reduced from 129.8% to 117.7% over the past 5 years.
Debt Coverage: THANGAMAYL's debt is well covered by operating cash flow (39.8%).
Interest Coverage: THANGAMAYL's interest payments on its debt are well covered by EBIT (6.8x coverage).