TechNVision Ventures Balance Sheet Health
Financial Health criteria checks 5/6
TechNVision Ventures has a total shareholder equity of ₹158.3M and total debt of ₹22.7M, which brings its debt-to-equity ratio to 14.3%. Its total assets and total liabilities are ₹1.8B and ₹1.6B respectively. TechNVision Ventures's EBIT is ₹202.0M making its interest coverage ratio 10.5. It has cash and short-term investments of ₹465.9M.
Key information
14.3%
Debt to equity ratio
₹22.71m
Debt
| Interest coverage ratio | 10.5x |
| Cash | ₹465.88m |
| Equity | ₹158.26m |
| Total liabilities | ₹1.59b |
| Total assets | ₹1.75b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 501421's short term assets (₹1.6B) exceed its short term liabilities (₹1.4B).
Long Term Liabilities: 501421's short term assets (₹1.6B) exceed its long term liabilities (₹158.0M).
Debt to Equity History and Analysis
Debt Level: 501421 has more cash than its total debt.
Reducing Debt: 501421's debt to equity ratio has increased from 0.2% to 14.3% over the past 5 years.
Debt Coverage: 501421's debt is well covered by operating cash flow (1096.5%).
Interest Coverage: 501421's interest payments on its debt are well covered by EBIT (10.5x coverage).