Trust Fintech Balance Sheet Health

Financial Health criteria checks 6/6

Trust Fintech has a total shareholder equity of ₹1.1B and total debt of ₹440.0K, which brings its debt-to-equity ratio to 0.04%. Its total assets and total liabilities are ₹1.2B and ₹100.9M respectively. Trust Fintech's EBIT is ₹132.1M making its interest coverage ratio -96.3. It has cash and short-term investments of ₹611.7M.

Key information

0.04%

Debt to equity ratio

₹440.00k

Debt

Interest coverage ratio	-96.3x
Cash	₹611.73m
Equity	₹1.06b
Total liabilities	₹100.89m
Total assets	₹1.16b

Recent financial health updates

No updates

Recent updates

Trust Fintech's (NSE:TRUST) Solid Profits Have Weak Fundamentals

Nov 25

Why Investors Shouldn't Be Surprised By Trust Fintech Limited's (NSE:TRUST) 66% Share Price Surge

Sep 06

Not Many Are Piling Into Trust Fintech Limited (NSE:TRUST) Just Yet

Jul 23

Financial Position Analysis

Short Term Liabilities: TRUST's short term assets (₹858.2M) exceed its short term liabilities (₹100.9M).

Long Term Liabilities: TRUST's short term assets (₹858.2M) exceed its long term liabilities (₹1,000.0).

Debt to Equity History and Analysis

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

Reducing Debt: TRUST had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: TRUST's debt is well covered by operating cash flow (27774.2%).

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

Balance Sheet

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/26 16:36
End of Day Share Price	2024/12/26 00:00
Earnings	2024/09/30
Annual Earnings	2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Trust Fintech Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution