Tata Power Balance Sheet Health
Financial Health criteria checks 2/6
Tata Power has a total shareholder equity of ₹390.5B and total debt of ₹494.8B, which brings its debt-to-equity ratio to 126.7%. Its total assets and total liabilities are ₹1,395.5B and ₹1,005.0B respectively. Tata Power's EBIT is ₹88.2B making its interest coverage ratio 1.9. It has cash and short-term investments of ₹106.3B.
Key information
126.7%
Debt to equity ratio
₹494.80b
Debt
Interest coverage ratio | 1.9x |
Cash | ₹106.30b |
Equity | ₹390.49b |
Total liabilities | ₹1.01t |
Total assets | ₹1.40t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500400's short term assets (₹284.7B) do not cover its short term liabilities (₹412.5B).
Long Term Liabilities: 500400's short term assets (₹284.7B) do not cover its long term liabilities (₹592.5B).
Debt to Equity History and Analysis
Debt Level: 500400's net debt to equity ratio (99.5%) is considered high.
Reducing Debt: 500400's debt to equity ratio has reduced from 236.9% to 126.7% over the past 5 years.
Debt Coverage: 500400's debt is well covered by operating cash flow (25.5%).
Interest Coverage: 500400's interest payments on its debt are not well covered by EBIT (1.9x coverage).