Tranway Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Tranway Technologies has a total shareholder equity of ₹169.3M and total debt of ₹43.6M, which brings its debt-to-equity ratio to 25.7%. Its total assets and total liabilities are ₹226.2M and ₹57.0M respectively.
Key information
25.7%
Debt to equity ratio
₹43.58m
Debt
Interest coverage ratio | n/a |
Cash | ₹3.17m |
Equity | ₹169.26m |
Total liabilities | ₹56.97m |
Total assets | ₹226.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542923's short term assets (₹105.6M) exceed its short term liabilities (₹20.8M).
Long Term Liabilities: 542923's short term assets (₹105.6M) exceed its long term liabilities (₹36.2M).
Debt to Equity History and Analysis
Debt Level: 542923's net debt to equity ratio (23.9%) is considered satisfactory.
Reducing Debt: 542923's debt to equity ratio has reduced from 331.7% to 25.7% over the past 5 years.
Debt Coverage: 542923's debt is not well covered by operating cash flow (8%).
Interest Coverage: Insufficient data to determine if 542923's interest payments on its debt are well covered by EBIT.