TAC Infosec Balance Sheet Health
Financial Health criteria checks 5/6
TAC Infosec has a total shareholder equity of ₹76.8M and total debt of ₹3.6M, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are ₹97.8M and ₹21.0M respectively. TAC Infosec's EBIT is ₹53.8M making its interest coverage ratio -93.9. It has cash and short-term investments of ₹28.7M.
Key information
4.7%
Debt to equity ratio
₹3.59m
Debt
Interest coverage ratio | -93.9x |
Cash | ₹28.74m |
Equity | ₹76.81m |
Total liabilities | ₹20.96m |
Total assets | ₹97.77m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TAC's short term assets (₹81.7M) exceed its short term liabilities (₹19.0M).
Long Term Liabilities: TAC's short term assets (₹81.7M) exceed its long term liabilities (₹1.9M).
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 (480.8%).
Interest Coverage: TAC earns more interest than it pays, so coverage of interest payments is not a concern.