Tech Mahindra Balance Sheet Health
Financial Health criteria checks 6/6
Tech Mahindra has a total shareholder equity of ₹271.5B and total debt of ₹15.3B, which brings its debt-to-equity ratio to 5.6%. Its total assets and total liabilities are ₹434.2B and ₹162.8B respectively. Tech Mahindra's EBIT is ₹31.5B making its interest coverage ratio -5.6. It has cash and short-term investments of ₹75.1B.
Key information
5.6%
Debt to equity ratio
₹15.31b
Debt
Interest coverage ratio | -5.6x |
Cash | ₹75.15b |
Equity | ₹271.47b |
Total liabilities | ₹162.77b |
Total assets | ₹434.24b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532755's short term assets (₹234.3B) exceed its short term liabilities (₹126.2B).
Long Term Liabilities: 532755's short term assets (₹234.3B) exceed its long term liabilities (₹36.6B).
Debt to Equity History and Analysis
Debt Level: 532755 has more cash than its total debt.
Reducing Debt: 532755's debt to equity ratio has reduced from 9.4% to 5.6% over the past 5 years.
Debt Coverage: 532755's debt is well covered by operating cash flow (416.5%).
Interest Coverage: 532755 earns more interest than it pays, so coverage of interest payments is not a concern.