ITL Industries Balance Sheet Health
Financial Health criteria checks 5/6
ITL Industries has a total shareholder equity of ₹766.2M and total debt of ₹219.9M, which brings its debt-to-equity ratio to 28.7%. Its total assets and total liabilities are ₹1.4B and ₹601.2M respectively. ITL Industries's EBIT is ₹99.5M making its interest coverage ratio -11.1. It has cash and short-term investments of ₹49.0M.
Key information
28.7%
Debt to equity ratio
₹219.89m
Debt
| Interest coverage ratio | -11.1x |
| Cash | ₹49.00m |
| Equity | ₹766.21m |
| Total liabilities | ₹601.18m |
| Total assets | ₹1.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 522183's short term assets (₹1.0B) exceed its short term liabilities (₹550.6M).
Long Term Liabilities: 522183's short term assets (₹1.0B) exceed its long term liabilities (₹50.6M).
Debt to Equity History and Analysis
Debt Level: 522183's net debt to equity ratio (22.3%) is considered satisfactory.
Reducing Debt: 522183's debt to equity ratio has reduced from 46.3% to 28.7% over the past 5 years.
Debt Coverage: 522183's debt is not well covered by operating cash flow (19.4%).
Interest Coverage: 522183 earns more interest than it pays, so coverage of interest payments is not a concern.