TAC Infosec Balance Sheet Health
Financial Health criteria checks 5/6
TAC Infosec has a total shareholder equity of ₹463.9M and total debt of ₹5.4M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are ₹512.3M and ₹48.4M respectively. TAC Infosec's EBIT is ₹103.5M making its interest coverage ratio 76.2. It has cash and short-term investments of ₹307.7M.
Key information
1.2%
Debt to equity ratio
₹5.44m
Debt
| Interest coverage ratio | 76.2x |
| Cash | ₹307.65m |
| Equity | ₹463.90m |
| Total liabilities | ₹48.35m |
| Total assets | ₹512.26m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TAC's short term assets (₹452.4M) exceed its short term liabilities (₹47.1M).
Long Term Liabilities: TAC's short term assets (₹452.4M) exceed its long term liabilities (₹1.2M).
Debt to Equity History and Analysis
Debt Level: TAC has more cash than its total debt.
Reducing Debt: Insufficient data to determine if TAC's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TAC's debt is well covered by operating cash flow (677.3%).
Interest Coverage: TAC's interest payments on its debt are well covered by EBIT (76.2x coverage).