Tera Software Balance Sheet Health
Financial Health criteria checks 5/6
Tera Software has a total shareholder equity of ₹1.2B and total debt of ₹288.8M, which brings its debt-to-equity ratio to 24.6%. Its total assets and total liabilities are ₹2.1B and ₹939.0M respectively. Tera Software's EBIT is ₹121.8M making its interest coverage ratio 6.2. It has cash and short-term investments of ₹110.6M.
Key information
24.6%
Debt to equity ratio
₹288.78m
Debt
| Interest coverage ratio | 6.2x |
| Cash | ₹110.56m |
| Equity | ₹1.17b |
| Total liabilities | ₹938.97m |
| Total assets | ₹2.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 533982's short term assets (₹1.7B) exceed its short term liabilities (₹875.7M).
Long Term Liabilities: 533982's short term assets (₹1.7B) exceed its long term liabilities (₹63.2M).
Debt to Equity History and Analysis
Debt Level: 533982's net debt to equity ratio (15.2%) is considered satisfactory.
Reducing Debt: 533982's debt to equity ratio has reduced from 44.1% to 24.6% over the past 5 years.
Debt Coverage: 533982's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 533982's interest payments on its debt are well covered by EBIT (6.2x coverage).