TCI Express Balance Sheet Health
Financial Health criteria checks 6/6
TCI Express has a total shareholder equity of ₹6.6B and total debt of ₹106.0M, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are ₹8.0B and ₹1.4B respectively. TCI Express's EBIT is ₹1.8B making its interest coverage ratio -54.5. It has cash and short-term investments of ₹591.7M.
Key information
1.6%
Debt to equity ratio
₹106.00m
Debt
Interest coverage ratio | -54.5x |
Cash | ₹591.70m |
Equity | ₹6.60b |
Total liabilities | ₹1.35b |
Total assets | ₹7.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540212's short term assets (₹3.5B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: 540212's short term assets (₹3.5B) exceed its long term liabilities (₹186.3M).
Debt to Equity History and Analysis
Debt Level: 540212 has more cash than its total debt.
Reducing Debt: 540212's debt to equity ratio has reduced from 17.7% to 1.6% over the past 5 years.
Debt Coverage: 540212's debt is well covered by operating cash flow (1310.1%).
Interest Coverage: 540212 earns more interest than it pays, so coverage of interest payments is not a concern.