Tata Power Balance Sheet Health
Financial Health criteria checks 3/6
Tata Power has a total shareholder equity of ₹404.6B and total debt of ₹539.9B, which brings its debt-to-equity ratio to 133.4%. Its total assets and total liabilities are ₹1,451.3B and ₹1,046.7B respectively. Tata Power's EBIT is ₹82.1B making its interest coverage ratio 3.2. It has cash and short-term investments of ₹96.6B.
Key information
133.4%
Debt to equity ratio
₹539.92b
Debt
| Interest coverage ratio | 3.2x |
| Cash | ₹96.56b |
| Equity | ₹404.62b |
| Total liabilities | ₹1.05t |
| Total assets | ₹1.45t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500400's short term assets (₹278.7B) do not cover its short term liabilities (₹420.1B).
Long Term Liabilities: 500400's short term assets (₹278.7B) do not cover its long term liabilities (₹626.6B).
Debt to Equity History and Analysis
Debt Level: 500400's net debt to equity ratio (109.6%) is considered high.
Reducing Debt: 500400's debt to equity ratio has reduced from 219.2% to 133.4% over the past 5 years.
Debt Coverage: 500400's debt is well covered by operating cash flow (24.4%).
Interest Coverage: 500400's interest payments on its debt are well covered by EBIT (3.2x coverage).