Tranway Technologies Balance Sheet Health
Financial Health criteria checks 4/6
Tranway Technologies has a total shareholder equity of ₹167.1M and total debt of ₹57.7M, which brings its debt-to-equity ratio to 34.6%. Its total assets and total liabilities are ₹236.6M and ₹69.5M respectively.
Key information
34.6%
Debt to equity ratio
₹57.73m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹1.82m |
| Equity | ₹167.09m |
| Total liabilities | ₹69.51m |
| Total assets | ₹236.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542923's short term assets (₹115.8M) exceed its short term liabilities (₹24.2M).
Long Term Liabilities: 542923's short term assets (₹115.8M) exceed its long term liabilities (₹45.3M).
Debt to Equity History and Analysis
Debt Level: 542923's net debt to equity ratio (33.5%) is considered satisfactory.
Reducing Debt: 542923's debt to equity ratio has reduced from 53.7% to 34.6% over the past 5 years.
Debt Coverage: 542923's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 542923's interest payments on its debt are well covered by EBIT.