Tata Elxsi Balance Sheet Health
Financial Health criteria checks 5/6
Tata Elxsi has a total shareholder equity of ₹21.0B and total debt of ₹2.4B, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are ₹28.1B and ₹7.2B respectively. Tata Elxsi's EBIT is ₹9.5B making its interest coverage ratio -28.1. It has cash and short-term investments of ₹11.8B.
Key information
11.3%
Debt to equity ratio
₹2.37b
Debt
Interest coverage ratio | -28.1x |
Cash | ₹11.79b |
Equity | ₹20.96b |
Total liabilities | ₹7.16b |
Total assets | ₹28.13b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500408's short term assets (₹22.5B) exceed its short term liabilities (₹4.6B).
Long Term Liabilities: 500408's short term assets (₹22.5B) exceed its long term liabilities (₹2.6B).
Debt to Equity History and Analysis
Debt Level: 500408 has more cash than its total debt.
Reducing Debt: 500408's debt to equity ratio has increased from 0% to 11.3% over the past 5 years.
Debt Coverage: 500408's debt is well covered by operating cash flow (269.7%).
Interest Coverage: 500408 earns more interest than it pays, so coverage of interest payments is not a concern.