Tech Mahindra Balance Sheet Health

Financial Health criteria checks 6/6

Tech Mahindra has a total shareholder equity of ₹269.0B and total debt of ₹9.7B, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are ₹428.3B and ₹159.3B respectively. Tech Mahindra's EBIT is ₹40.6B making its interest coverage ratio -4.3. It has cash and short-term investments of ₹62.5B.

Key information

3.6%

Debt to equity ratio

₹9.68b

Debt

Interest coverage ratio-4.3x
Cash₹62.49b
Equity₹268.98b
Total liabilities₹159.29b
Total assets₹428.27b

Recent financial health updates

Recent updates

Tech Mahindra (NSE:TECHM) Will Pay A Dividend Of ₹15.00

Oct 24
Tech Mahindra (NSE:TECHM) Will Pay A Dividend Of ₹15.00

Tech Mahindra Limited (NSE:TECHM) Analysts Are Pretty Bullish On The Stock After Recent Results

Jul 27
Tech Mahindra Limited (NSE:TECHM) Analysts Are Pretty Bullish On The Stock After Recent Results

Tech Mahindra (NSE:TECHM) Will Pay A Dividend Of ₹28.00

Jul 03
Tech Mahindra (NSE:TECHM) Will Pay A Dividend Of ₹28.00

Tech Mahindra (NSE:TECHM) Has Announced A Dividend Of ₹28.00

Jun 19
Tech Mahindra (NSE:TECHM) Has Announced A Dividend Of ₹28.00

Tech Mahindra (NSE:TECHM) Is Due To Pay A Dividend Of ₹28.00

Jun 04
Tech Mahindra (NSE:TECHM) Is Due To Pay A Dividend Of ₹28.00

Tech Mahindra (NSE:TECHM) Is Due To Pay A Dividend Of ₹28.00

May 21
Tech Mahindra (NSE:TECHM) Is Due To Pay A Dividend Of ₹28.00

Some Investors May Be Willing To Look Past Tech Mahindra's (NSE:TECHM) Soft Earnings

May 02
Some Investors May Be Willing To Look Past Tech Mahindra's (NSE:TECHM) Soft Earnings

Tech Mahindra (NSE:TECHM) Has Announced A Dividend Of ₹28.00

Apr 28
Tech Mahindra (NSE:TECHM) Has Announced A Dividend Of ₹28.00

Investors Still Waiting For A Pull Back In Tech Mahindra Limited (NSE:TECHM)

Apr 14
Investors Still Waiting For A Pull Back In Tech Mahindra Limited (NSE:TECHM)

Here's Why Tech Mahindra (NSE:TECHM) Can Manage Its Debt Responsibly

Mar 26
Here's Why Tech Mahindra (NSE:TECHM) Can Manage Its Debt Responsibly

Investors Could Be Concerned With Tech Mahindra's (NSE:TECHM) Returns On Capital

Mar 11
Investors Could Be Concerned With Tech Mahindra's (NSE:TECHM) Returns On Capital

Tech Mahindra Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Jan 26
Tech Mahindra Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Tech Mahindra Limited (NSE:TECHM) Shares Could Be 28% Above Their Intrinsic Value Estimate

Jan 04
Tech Mahindra Limited (NSE:TECHM) Shares Could Be 28% Above Their Intrinsic Value Estimate

Investors Aren't Entirely Convinced By Tech Mahindra Limited's (NSE:TECHM) Earnings

Dec 19
Investors Aren't Entirely Convinced By Tech Mahindra Limited's (NSE:TECHM) Earnings

Investors Could Be Concerned With Tech Mahindra's (NSE:TECHM) Returns On Capital

Dec 01
Investors Could Be Concerned With Tech Mahindra's (NSE:TECHM) Returns On Capital

Tech Mahindra (NSE:TECHM) Has A Pretty Healthy Balance Sheet

Sep 18
Tech Mahindra (NSE:TECHM) Has A Pretty Healthy Balance Sheet

Returns On Capital At Tech Mahindra (NSE:TECHM) Have Hit The Brakes

Aug 28
Returns On Capital At Tech Mahindra (NSE:TECHM) Have Hit The Brakes

Is Tech Mahindra Limited (NSE:TECHM) Worth ₹1.2k Based On Its Intrinsic Value?

Aug 10
Is Tech Mahindra Limited (NSE:TECHM) Worth ₹1.2k Based On Its Intrinsic Value?

Is Tech Mahindra (NSE:TECHM) A Risky Investment?

Jun 04
Is Tech Mahindra (NSE:TECHM) A Risky Investment?

Here's What To Make Of Tech Mahindra's (NSE:TECHM) Decelerating Rates Of Return

May 17
Here's What To Make Of Tech Mahindra's (NSE:TECHM) Decelerating Rates Of Return

Tech Mahindra (NSE:TECHM) Seems To Use Debt Quite Sensibly

Feb 20
Tech Mahindra (NSE:TECHM) Seems To Use Debt Quite Sensibly

Tech Mahindra (NSE:TECHM) Is Investing Its Capital With Increasing Efficiency

Jan 24
Tech Mahindra (NSE:TECHM) Is Investing Its Capital With Increasing Efficiency

Tech Mahindra (NSE:TECHM) Seems To Use Debt Rather Sparingly

Nov 22
Tech Mahindra (NSE:TECHM) Seems To Use Debt Rather Sparingly

Is It Too Late To Consider Buying Tech Mahindra Limited (NSE:TECHM)?

Oct 27
Is It Too Late To Consider Buying Tech Mahindra Limited (NSE:TECHM)?

Tech Mahindra Limited (NSE:TECHM) Shares Could Be 27% Above Their Intrinsic Value Estimate

Oct 12
Tech Mahindra Limited (NSE:TECHM) Shares Could Be 27% Above Their Intrinsic Value Estimate

Tech Mahindra (NSE:TECHM) Is Very Good At Capital Allocation

Sep 15
Tech Mahindra (NSE:TECHM) Is Very Good At Capital Allocation

Does Tech Mahindra (NSE:TECHM) Deserve A Spot On Your Watchlist?

Aug 21
Does Tech Mahindra (NSE:TECHM) Deserve A Spot On Your Watchlist?

Tech Mahindra (NSE:TECHM) Has A Rock Solid Balance Sheet

Aug 09
Tech Mahindra (NSE:TECHM) Has A Rock Solid Balance Sheet

Tech Mahindra's (NSE:TECHM) Dividend Will Be ₹30.00

Jul 14
Tech Mahindra's (NSE:TECHM) Dividend Will Be ₹30.00

Are Tech Mahindra Limited (NSE:TECHM) Investors Paying Above The Intrinsic Value?

Jul 11
Are Tech Mahindra Limited (NSE:TECHM) Investors Paying Above The Intrinsic Value?

Tech Mahindra (NSE:TECHM) Has Re-Affirmed Its Dividend Of ₹30.00

Jun 30
Tech Mahindra (NSE:TECHM) Has Re-Affirmed Its Dividend Of ₹30.00

Tech Mahindra (NSE:TECHM) Has Affirmed Its Dividend Of ₹30.00

Jun 07
Tech Mahindra (NSE:TECHM) Has Affirmed Its Dividend Of ₹30.00

Tech Mahindra (NSE:TECHM) Is Very Good At Capital Allocation

Jun 06
Tech Mahindra (NSE:TECHM) Is Very Good At Capital Allocation

Tech Mahindra (NSE:TECHM) Has Announced A Dividend Of ₹30.00

May 24
Tech Mahindra (NSE:TECHM) Has Announced A Dividend Of ₹30.00

Financial Position Analysis

Short Term Liabilities: TECHM's short term assets (₹225.9B) exceed its short term liabilities (₹121.9B).

Long Term Liabilities: TECHM's short term assets (₹225.9B) exceed its long term liabilities (₹37.4B).


Debt to Equity History and Analysis

Debt Level: TECHM has more cash than its total debt.

Reducing Debt: TECHM's debt to equity ratio has reduced from 14.8% to 3.6% over the past 5 years.

Debt Coverage: TECHM's debt is well covered by operating cash flow (599.1%).

Interest Coverage: TECHM earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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