Tata Teleservices (Maharashtra) Balance Sheet Health
Financial Health criteria checks 2/6
Tata Teleservices (Maharashtra) has a total shareholder equity of ₹-192.5B and total debt of ₹199.5B, which brings its debt-to-equity ratio to -103.6%. Its total assets and total liabilities are ₹13.1B and ₹205.6B respectively. Tata Teleservices (Maharashtra)'s EBIT is ₹3.9B making its interest coverage ratio 0.2. It has cash and short-term investments of ₹668.4M.
Key information
-103.6%
Debt to equity ratio
₹199.54b
Debt
| Interest coverage ratio | 0.2x |
| Cash | ₹668.40m |
| Equity | -₹192.53b |
| Total liabilities | ₹205.60b |
| Total assets | ₹13.07b |
Recent financial health updates
No updates
Recent updates
Tata Teleservices (Maharashtra) Limited's (NSE:TTML) Shareholders Might Be Looking For Exit
Apr 03
Tata Teleservices (Maharashtra) Limited's (NSE:TTML) Business Is Yet to Catch Up With Its Share Price
Dec 19Revenues Not Telling The Story For Tata Teleservices (Maharashtra) Limited (NSE:TTML)
Jun 08Calculating The Fair Value Of Tata Teleservices (Maharashtra) Limited (NSE:TTML)
Jan 04If You Had Bought Tata Teleservices (Maharashtra) (NSE:TTML) Shares A Year Ago You'd Have Earned 229% Returns
Dec 16What Type Of Returns Would Tata Teleservices (Maharashtra)'s(NSE:TTML) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?
Sep 02Financial Position Analysis
Short Term Liabilities: TTML has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: TTML has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: TTML has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: TTML's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable TTML has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TTML is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 32.9% per year.