ITD Cementation India Balance Sheet Health
Financial Health criteria checks 4/6
ITD Cementation India has a total shareholder equity of ₹15.0B and total debt of ₹8.6B, which brings its debt-to-equity ratio to 57.5%. Its total assets and total liabilities are ₹59.2B and ₹44.2B respectively. ITD Cementation India's EBIT is ₹5.4B making its interest coverage ratio 2.5. It has cash and short-term investments of ₹9.0B.
Key information
57.5%
Debt to equity ratio
₹8.62b
Debt
Interest coverage ratio | 2.5x |
Cash | ₹8.96b |
Equity | ₹14.98b |
Total liabilities | ₹44.19b |
Total assets | ₹59.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 509496's short term assets (₹45.5B) exceed its short term liabilities (₹42.1B).
Long Term Liabilities: 509496's short term assets (₹45.5B) exceed its long term liabilities (₹2.1B).
Debt to Equity History and Analysis
Debt Level: 509496 has more cash than its total debt.
Reducing Debt: 509496's debt to equity ratio has increased from 52% to 57.5% over the past 5 years.
Debt Coverage: 509496's debt is well covered by operating cash flow (81.7%).
Interest Coverage: 509496's interest payments on its debt are not well covered by EBIT (2.5x coverage).