Trigyn Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Trigyn Technologies has a total shareholder equity of ₹7.1B and total debt of ₹60.5M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are ₹9.0B and ₹1.9B respectively. Trigyn Technologies's EBIT is ₹217.0M making its interest coverage ratio -3.6. It has cash and short-term investments of ₹1.4B.
Key information
0.9%
Debt to equity ratio
₹60.49m
Debt
| Interest coverage ratio | -3.6x |
| Cash | ₹1.35b |
| Equity | ₹7.10b |
| Total liabilities | ₹1.87b |
| Total assets | ₹8.97b |
Recent financial health updates
No updates
Recent updates
Investors Still Aren't Entirely Convinced By Trigyn Technologies Limited's (NSE:TRIGYN) Revenues Despite 27% Price Jump
Apr 27
Returns On Capital Signal Tricky Times Ahead For Trigyn Technologies (NSE:TRIGYN)
Apr 11Trigyn Technologies Limited (NSE:TRIGYN) Might Not Be As Mispriced As It Looks After Plunging 26%
Mar 06Trigyn Technologies (NSE:TRIGYN) Might Be Having Difficulty Using Its Capital Effectively
Oct 25Returns On Capital At Trigyn Technologies (NSE:TRIGYN) Paint A Concerning Picture
May 22Why Trigyn Technologies' (NSE:TRIGYN) Shaky Earnings Are Just The Beginning Of Its Problems
Nov 20Here's What's Concerning About Trigyn Technologies' (NSE:TRIGYN) Returns On Capital
May 06Trigyn Technologies (NSE:TRIGYN) Is Reinvesting At Lower Rates Of Return
Dec 31Investors Could Be Concerned With Trigyn Technologies' (NSE:TRIGYN) Returns On Capital
Aug 22Trigyn Technologies (NSE:TRIGYN) Could Be Struggling To Allocate Capital
May 14Why Dividend Hunters Love Trigyn Technologies Limited (NSE:TRIGYN)
Mar 23Is Trigyn Technologies (NSE:TRIGYN) Likely To Turn Things Around?
Jan 25Trigyn Technologies Limited (NSE:TRIGYN) Has Got What It Takes To Be An Attractive Dividend Stock
Dec 21
The Returns At Trigyn Technologies (NSE:TRIGYN) Provide Us With Signs Of What's To Come
Oct 27Here's How We Evaluate Trigyn Technologies Limited's (NSE:TRIGYN) Dividend
Sep 22Investors Holding Back On Trigyn Technologies Limited (NSE:TRIGYN)
Aug 17We're Watching These Trends At Trigyn Technologies (NSE:TRIGYN)
Jul 14Financial Position Analysis
Short Term Liabilities: TRIGYN's short term assets (₹5.5B) exceed its short term liabilities (₹1.7B).
Long Term Liabilities: TRIGYN's short term assets (₹5.5B) exceed its long term liabilities (₹124.8M).
Debt to Equity History and Analysis
Debt Level: TRIGYN has more cash than its total debt.
Reducing Debt: TRIGYN's debt to equity ratio has increased from 0.05% to 0.9% over the past 5 years.
Debt Coverage: TRIGYN's debt is well covered by operating cash flow (1530.6%).
Interest Coverage: TRIGYN earns more interest than it pays, so coverage of interest payments is not a concern.