ITL Industries Balance Sheet Health
Financial Health criteria checks 5/6
ITL Industries has a total shareholder equity of ₹665.5M and total debt of ₹230.6M, which brings its debt-to-equity ratio to 34.7%. Its total assets and total liabilities are ₹1.3B and ₹597.0M respectively. ITL Industries's EBIT is ₹101.6M making its interest coverage ratio -58. It has cash and short-term investments of ₹68.9M.
Key information
34.7%
Debt to equity ratio
₹230.60m
Debt
Interest coverage ratio | -58x |
Cash | ₹68.86m |
Equity | ₹665.46m |
Total liabilities | ₹596.98m |
Total assets | ₹1.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 522183's short term assets (₹977.8M) exceed its short term liabilities (₹552.5M).
Long Term Liabilities: 522183's short term assets (₹977.8M) exceed its long term liabilities (₹44.5M).
Debt to Equity History and Analysis
Debt Level: 522183's net debt to equity ratio (24.3%) is considered satisfactory.
Reducing Debt: 522183's debt to equity ratio has reduced from 38.7% to 34.7% over the past 5 years.
Debt Coverage: 522183's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: 522183 earns more interest than it pays, so coverage of interest payments is not a concern.