TCI Express Balance Sheet Health
Financial Health criteria checks 6/6
TCI Express has a total shareholder equity of ₹7.5B and total debt of ₹9.3M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are ₹8.8B and ₹1.3B respectively. TCI Express's EBIT is ₹1.4B making its interest coverage ratio -46.3. It has cash and short-term investments of ₹1.1B.
Key information
0.1%
Debt to equity ratio
₹9.30m
Debt
| Interest coverage ratio | -46.3x |
| Cash | ₹1.06b |
| Equity | ₹7.48b |
| Total liabilities | ₹1.33b |
| Total assets | ₹8.80b |
Recent financial health updates
No updates
Recent updates
TCI Express (NSE:TCIEXP) Has Announced A Dividend Of ₹3.00
Nov 02
Here's Why Shareholders May Want To Be Cautious With Increasing TCI Express Limited's (NSE:TCIEXP) CEO Pay Packet
Aug 07Be Wary Of TCI Express (NSE:TCIEXP) And Its Returns On Capital
Apr 03TCI Express (NSE:TCIEXP) Is Paying Out A Dividend Of ₹3.00
Feb 15TCI Express (NSE:TCIEXP) Will Pay A Dividend Of ₹2.00
Jul 16The Returns On Capital At TCI Express (NSE:TCIEXP) Don't Inspire Confidence
Apr 26TCI Express' (NSE:TCIEXP) Dividend Will Be ₹3.00
Feb 03TCI Express (NSE:TCIEXP) Will Pay A Dividend Of ₹3.00
Nov 03There Are Reasons To Feel Uneasy About TCI Express' (NSE:TCIEXP) Returns On Capital
Aug 24TCI Express (NSE:TCIEXP) Has Affirmed Its Dividend Of ₹2.00
Jul 16Here's Why I Think TCI Express (NSE:TCIEXP) Might Deserve Your Attention Today
Apr 07TCI Express (NSE:TCIEXP) Is Investing Its Capital With Increasing Efficiency
Jan 13Here's Why I Think TCI Express (NSE:TCIEXP) Might Deserve Your Attention Today
Dec 29We Think That There Are Issues Underlying TCI Express' (NSE:TCIEXP) Earnings
Oct 29Increases to CEO Compensation Might Be Put On Hold For Now at TCI Express Limited (NSE:TCIEXP)
Jul 21We Think TCI Express (NSE:TCIEXP) Might Have The DNA Of A Multi-Bagger
Apr 20Is TCI Express Limited (NSE:TCIEXP) A Smart Choice For Dividend Investors?
Mar 18Have Insiders Sold TCI Express Limited (NSE:TCIEXP) Shares Recently?
Mar 02How Is TCI Express' (NSE:TCIEXP) CEO Paid Relative To Peers?
Feb 24Is It Smart To Buy TCI Express Limited (NSE:TCIEXP) Before It Goes Ex-Dividend?
Feb 11Is TCI Express Limited's (NSE:TCIEXP) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?
Feb 02Financial Position Analysis
Short Term Liabilities: TCIEXP's short term assets (₹4.0B) exceed its short term liabilities (₹1.1B).
Long Term Liabilities: TCIEXP's short term assets (₹4.0B) exceed its long term liabilities (₹207.4M).
Debt to Equity History and Analysis
Debt Level: TCIEXP has more cash than its total debt.
Reducing Debt: TCIEXP's debt to equity ratio has reduced from 1.2% to 0.1% over the past 5 years.
Debt Coverage: TCIEXP's debt is well covered by operating cash flow (12814%).
Interest Coverage: TCIEXP earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 21:17 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
TCI Express Limited is covered by 18 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nitin Bhasin | Ambit Capital |
| null null | Asian Markets Securities Private Limited |
| Mukesh Saraf | Avendus Spark |