Trident Techlabs Balance Sheet Health
Financial Health criteria checks 4/6
Trident Techlabs has a total shareholder equity of ₹465.7M and total debt of ₹192.8M, which brings its debt-to-equity ratio to 41.4%. Its total assets and total liabilities are ₹988.4M and ₹522.7M respectively. Trident Techlabs's EBIT is ₹159.8M making its interest coverage ratio 4.8. It has cash and short-term investments of ₹231.8M.
Key information
41.4%
Debt to equity ratio
₹192.83m
Debt
Interest coverage ratio | 4.8x |
Cash | ₹231.77m |
Equity | ₹465.66m |
Total liabilities | ₹522.73m |
Total assets | ₹988.39m |
Financial Position Analysis
Short Term Liabilities: TECHLABS's short term assets (₹914.0M) exceed its short term liabilities (₹386.1M).
Long Term Liabilities: TECHLABS's short term assets (₹914.0M) exceed its long term liabilities (₹136.6M).
Debt to Equity History and Analysis
Debt Level: TECHLABS has more cash than its total debt.
Reducing Debt: Insufficient data to determine if TECHLABS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TECHLABS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TECHLABS's interest payments on its debt are well covered by EBIT (4.8x coverage).