Tiger Logistics (India) Balance Sheet Health
Financial Health criteria checks 6/6
Tiger Logistics (India) has a total shareholder equity of ₹1.0B and total debt of ₹10.7M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are ₹1.2B and ₹160.0M respectively. Tiger Logistics (India)'s EBIT is ₹112.2M making its interest coverage ratio -16.5. It has cash and short-term investments of ₹395.2M.
Key information
1.0%
Debt to equity ratio
₹10.68m
Debt
Interest coverage ratio | -16.5x |
Cash | ₹395.25m |
Equity | ₹1.03b |
Total liabilities | ₹160.03m |
Total assets | ₹1.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 536264's short term assets (₹841.7M) exceed its short term liabilities (₹121.5M).
Long Term Liabilities: 536264's short term assets (₹841.7M) exceed its long term liabilities (₹38.5M).
Debt to Equity History and Analysis
Debt Level: 536264 has more cash than its total debt.
Reducing Debt: 536264's debt to equity ratio has reduced from 51.8% to 1% over the past 5 years.
Debt Coverage: 536264's debt is well covered by operating cash flow (2251.8%).
Interest Coverage: 536264 earns more interest than it pays, so coverage of interest payments is not a concern.