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
Be Wary Of TCI Express (NSE:TCIEXP) And Its Returns On Capital
Apr 03
TCI 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 02How Much Of TCI Express Limited (NSE:TCIEXP) Do Insiders Own?
Jan 19
Should You Be Excited About TCI Express' (NSE:TCIEXP) Returns On Capital?
Jan 04Should TCI Express (NSE:TCIEXP) Be Disappointed With Their 57% Profit?
Dec 22Have Insiders Sold TCI Express Limited (NSE:TCIEXP) Shares Recently?
Dec 09TCI Express Limited's (NSE:TCIEXP) 0.5% Dividend Yield Looks Pretty Interesting
Nov 30Financial Position Analysis
Short Term Liabilities: TCIEXP's short term assets (₹3.5B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: TCIEXP's short term assets (₹3.5B) exceed its long term liabilities (₹186.3M).
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 17.7% to 1.6% over the past 5 years.
Debt Coverage: TCIEXP's debt is well covered by operating cash flow (1310.1%).
Interest Coverage: TCIEXP earns more interest than it pays, so coverage of interest payments is not a concern.