Tejas Networks Balance Sheet Health
Financial Health criteria checks 4/6
Tejas Networks has a total shareholder equity of ₹31.5B and total debt of ₹18.8B, which brings its debt-to-equity ratio to 59.8%. Its total assets and total liabilities are ₹82.0B and ₹50.5B respectively. Tejas Networks's EBIT is ₹3.4B making its interest coverage ratio 6. It has cash and short-term investments of ₹6.3B.
Key information
59.8%
Debt to equity ratio
₹18.84b
Debt
| Interest coverage ratio | 6x |
| Cash | ₹6.29b |
| Equity | ₹31.49b |
| Total liabilities | ₹50.53b |
| Total assets | ₹82.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540595's short term assets (₹67.7B) exceed its short term liabilities (₹47.4B).
Long Term Liabilities: 540595's short term assets (₹67.7B) exceed its long term liabilities (₹3.2B).
Debt to Equity History and Analysis
Debt Level: 540595's net debt to equity ratio (39.9%) is considered satisfactory.
Reducing Debt: 540595's debt to equity ratio has increased from 0% to 59.8% over the past 5 years.
Debt Coverage: 540595's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 540595's interest payments on its debt are well covered by EBIT (6x coverage).