Timescan Logistics (India) Balance Sheet Health
Financial Health criteria checks 5/6
Timescan Logistics (India) has a total shareholder equity of ₹179.3M and total debt of ₹19.0M, which brings its debt-to-equity ratio to 10.6%. Its total assets and total liabilities are ₹348.5M and ₹169.1M respectively. Timescan Logistics (India)'s EBIT is ₹45.1M making its interest coverage ratio 11.5. It has cash and short-term investments of ₹13.9M.
Key information
10.6%
Debt to equity ratio
₹19.00m
Debt
Interest coverage ratio | 11.5x |
Cash | ₹13.89m |
Equity | ₹179.35m |
Total liabilities | ₹169.14m |
Total assets | ₹348.49m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: TIMESCAN's short term assets (₹267.6M) exceed its short term liabilities (₹162.6M).
Long Term Liabilities: TIMESCAN's short term assets (₹267.6M) exceed its long term liabilities (₹6.5M).
Debt to Equity History and Analysis
Debt Level: TIMESCAN's net debt to equity ratio (2.9%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if TIMESCAN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: TIMESCAN's debt is well covered by operating cash flow (639.5%).
Interest Coverage: TIMESCAN's interest payments on its debt are well covered by EBIT (11.5x coverage).