Tanla Platforms Balance Sheet Health
Financial Health criteria checks 6/6
Tanla Platforms has a total shareholder equity of ₹19.4B and total debt of ₹750.4M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are ₹30.1B and ₹10.7B respectively. Tanla Platforms's EBIT is ₹6.5B making its interest coverage ratio -57.5. It has cash and short-term investments of ₹5.4B.
Key information
3.9%
Debt to equity ratio
₹750.40m
Debt
| Interest coverage ratio | -57.5x |
| Cash | ₹5.44b |
| Equity | ₹19.42b |
| Total liabilities | ₹10.67b |
| Total assets | ₹30.09b |
Recent financial health updates
Does Tanla Platforms (NSE:TANLA) Have A Healthy Balance Sheet?
Aug 08
Is Tanla Platforms (NSE:TANLA) Using Too Much Debt?
Aug 10Tanla Platforms (NSE:TANLA) Could Easily Take On More Debt
Feb 24Recent updates
Does Tanla Platforms (NSE:TANLA) Have A Healthy Balance Sheet?
Aug 08Some Shareholders May find It Hard To Increase Tanla Platforms Limited's (NSE:TANLA) CEO Compensation This Year
Jul 19Is Now The Time To Put Tanla Platforms (NSE:TANLA) On Your Watchlist?
Jun 12Little Excitement Around Tanla Platforms Limited's (NSE:TANLA) Earnings
May 21Why We Like The Returns At Tanla Platforms (NSE:TANLA)
Apr 09Is Tanla Platforms Limited (NSE:TANLA) Potentially Undervalued?
Mar 22Is Now The Time To Put Tanla Platforms (NSE:TANLA) On Your Watchlist?
Mar 06Tanla Platforms (NSE:TANLA) Knows How To Allocate Capital Effectively
Dec 14Is There Now An Opportunity In Tanla Platforms Limited (NSE:TANLA)?
Aug 06Here's What Analysts Are Forecasting For Tanla Platforms Limited (NSE:TANLA) After Its Full-Year Results
Apr 30Is There Now An Opportunity In Tanla Platforms Limited (NSE:TANLA)?
Apr 17Tanla Platforms Limited (NSE:TANLA) Shares Could Be 24% Above Their Intrinsic Value Estimate
Jan 30Is It Too Late To Consider Buying Tanla Platforms Limited (NSE:TANLA)?
Dec 28If EPS Growth Is Important To You, Tanla Platforms (NSE:TANLA) Presents An Opportunity
Nov 23Is Tanla Platforms (NSE:TANLA) Using Too Much Debt?
Aug 10We Ran A Stock Scan For Earnings Growth And Tanla Platforms (NSE:TANLA) Passed With Ease
Jul 23Estimating The Intrinsic Value Of Tanla Platforms Limited (NSE:TANLA)
Jul 05Do Tanla Platforms's (NSE:TANLA) Earnings Warrant Your Attention?
Apr 16Tanla Platforms (NSE:TANLA) Could Easily Take On More Debt
Feb 24Does Tanla Platforms (NSE:TANLA) Deserve A Spot On Your Watchlist?
Jan 11Is It Too Late To Consider Buying Tanla Platforms Limited (NSE:TANLA)?
Dec 21Financial Position Analysis
Short Term Liabilities: TANLA's short term assets (₹20.4B) exceed its short term liabilities (₹10.1B).
Long Term Liabilities: TANLA's short term assets (₹20.4B) exceed its long term liabilities (₹613.7M).
Debt to Equity History and Analysis
Debt Level: TANLA has more cash than its total debt.
Reducing Debt: TANLA's debt to equity ratio has reduced from 8.2% to 3.9% over the past 5 years.
Debt Coverage: TANLA's debt is well covered by operating cash flow (786.2%).
Interest Coverage: TANLA earns more interest than it pays, so coverage of interest payments is not a concern.