Thacker Balance Sheet Health
Financial Health criteria checks 5/6
Thacker has a total shareholder equity of ₹1.4B and total debt of ₹3.7M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ₹1.4B and ₹21.3M respectively. Thacker's EBIT is ₹19.1M making its interest coverage ratio 128.7. It has cash and short-term investments of ₹9.5M.
Key information
0.3%
Debt to equity ratio
₹3.72m
Debt
| Interest coverage ratio | 128.7x |
| Cash | ₹9.47m |
| Equity | ₹1.37b |
| Total liabilities | ₹21.27m |
| Total assets | ₹1.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 509945's short term assets (₹113.8M) exceed its short term liabilities (₹15.4M).
Long Term Liabilities: 509945's short term assets (₹113.8M) exceed its long term liabilities (₹5.9M).
Debt to Equity History and Analysis
Debt Level: 509945 has more cash than its total debt.
Reducing Debt: 509945's debt to equity ratio has reduced from 3.4% to 0.3% over the past 5 years.
Debt Coverage: 509945's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 509945's interest payments on its debt are well covered by EBIT (128.7x coverage).