Tech Mahindra Balance Sheet Health
Financial Health criteria checks 5/6
Tech Mahindra has a total shareholder equity of ₹268.6B and total debt of ₹26.1B, which brings its debt-to-equity ratio to 9.7%. Its total assets and total liabilities are ₹434.9B and ₹166.3B respectively. Tech Mahindra's EBIT is ₹37.6B making its interest coverage ratio 13.3. It has cash and short-term investments of ₹61.2B.
Key information
9.7%
Debt to equity ratio
₹26.14b
Debt
| Interest coverage ratio | 13.3x |
| Cash | ₹61.17b |
| Equity | ₹268.58b |
| Total liabilities | ₹166.33b |
| Total assets | ₹434.91b |
Recent financial health updates
Here's Why Tech Mahindra (NSE:TECHM) Can Manage Its Debt Responsibly
Mar 26
Tech Mahindra (NSE:TECHM) Has A Pretty Healthy Balance Sheet
Sep 18Is Tech Mahindra (NSE:TECHM) A Risky Investment?
Jun 04Tech Mahindra (NSE:TECHM) Seems To Use Debt Quite Sensibly
Feb 20Tech Mahindra (NSE:TECHM) Seems To Use Debt Rather Sparingly
Nov 22Tech Mahindra (NSE:TECHM) Has A Rock Solid Balance Sheet
Aug 09Recent updates
Investors Still Waiting For A Pull Back In Tech Mahindra Limited (NSE:TECHM)
Apr 14Here's Why Tech Mahindra (NSE:TECHM) Can Manage Its Debt Responsibly
Mar 26Investors Could Be Concerned With Tech Mahindra's (NSE:TECHM) Returns On Capital
Mar 11Tech Mahindra Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Jan 26Tech Mahindra Limited (NSE:TECHM) Shares Could Be 28% Above Their Intrinsic Value Estimate
Jan 04Investors Aren't Entirely Convinced By Tech Mahindra Limited's (NSE:TECHM) Earnings
Dec 19Investors Could Be Concerned With Tech Mahindra's (NSE:TECHM) Returns On Capital
Dec 01Tech Mahindra (NSE:TECHM) Has A Pretty Healthy Balance Sheet
Sep 18Returns On Capital At Tech Mahindra (NSE:TECHM) Have Hit The Brakes
Aug 28Is Tech Mahindra Limited (NSE:TECHM) Worth ₹1.2k Based On Its Intrinsic Value?
Aug 10Is Tech Mahindra (NSE:TECHM) A Risky Investment?
Jun 04Here's What To Make Of Tech Mahindra's (NSE:TECHM) Decelerating Rates Of Return
May 17Tech Mahindra (NSE:TECHM) Seems To Use Debt Quite Sensibly
Feb 20Tech Mahindra (NSE:TECHM) Is Investing Its Capital With Increasing Efficiency
Jan 24Tech Mahindra (NSE:TECHM) Seems To Use Debt Rather Sparingly
Nov 22Is It Too Late To Consider Buying Tech Mahindra Limited (NSE:TECHM)?
Oct 27Tech Mahindra Limited (NSE:TECHM) Shares Could Be 27% Above Their Intrinsic Value Estimate
Oct 12Tech Mahindra (NSE:TECHM) Is Very Good At Capital Allocation
Sep 15Does Tech Mahindra (NSE:TECHM) Deserve A Spot On Your Watchlist?
Aug 21Tech Mahindra (NSE:TECHM) Has A Rock Solid Balance Sheet
Aug 09Tech Mahindra's (NSE:TECHM) Dividend Will Be ₹30.00
Jul 14Are Tech Mahindra Limited (NSE:TECHM) Investors Paying Above The Intrinsic Value?
Jul 11Tech Mahindra (NSE:TECHM) Has Re-Affirmed Its Dividend Of ₹30.00
Jun 30Tech Mahindra (NSE:TECHM) Has Affirmed Its Dividend Of ₹30.00
Jun 07Tech Mahindra (NSE:TECHM) Is Very Good At Capital Allocation
Jun 06Tech Mahindra (NSE:TECHM) Has Announced A Dividend Of ₹30.00
May 24If You Like EPS Growth Then Check Out Tech Mahindra (NSE:TECHM) Before It's Too Late
May 15Tech Mahindra (NSE:TECHM) Could Easily Take On More Debt
Mar 24Do Tech Mahindra's (NSE:TECHM) Earnings Warrant Your Attention?
Feb 08Shareholders Are Optimistic That Tech Mahindra (NSE:TECHM) Will Multiply In Value
Jan 19Tech Mahindra (NSE:TECHM) Has A Rock Solid Balance Sheet
Dec 19If You Like EPS Growth Then Check Out Tech Mahindra (NSE:TECHM) Before It's Too Late
Nov 10Tech Mahindra (NSE:TECHM) Knows How To Allocate Capital
Oct 13Does Tech Mahindra (NSE:TECHM) Have A Healthy Balance Sheet?
Sep 15I Built A List Of Growing Companies And Tech Mahindra (NSE:TECHM) Made The Cut
Aug 05Most Shareholders Will Probably Agree With Tech Mahindra Limited's (NSE:TECHM) CEO Compensation
Jul 23Tech Mahindra (NSE:TECHM) Has Some Way To Go To Become A Multi-Bagger
Jul 11Does Tech Mahindra (NSE:TECHM) Have A Healthy Balance Sheet?
May 26Financial Position Analysis
Short Term Liabilities: TECHM's short term assets (₹226.9B) exceed its short term liabilities (₹128.0B).
Long Term Liabilities: TECHM's short term assets (₹226.9B) exceed its long term liabilities (₹38.4B).
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 increased from 7.5% to 9.7% over the past 5 years.
Debt Coverage: TECHM's debt is well covered by operating cash flow (207.8%).
Interest Coverage: TECHM's interest payments on its debt are well covered by EBIT (13.3x coverage).