ITD Cementation India Balance Sheet Health
Financial Health criteria checks 5/6
ITD Cementation India has a total shareholder equity of ₹13.3B and total debt of ₹7.8B, which brings its debt-to-equity ratio to 58.9%. Its total assets and total liabilities are ₹54.1B and ₹40.8B respectively. ITD Cementation India's EBIT is ₹4.9B making its interest coverage ratio 3.6. It has cash and short-term investments of ₹5.0B.
Key information
58.9%
Debt to equity ratio
₹7.83b
Debt
Interest coverage ratio | 3.6x |
Cash | ₹4.98b |
Equity | ₹13.30b |
Total liabilities | ₹40.77b |
Total assets | ₹54.06b |
Recent financial health updates
ITD Cementation India (NSE:ITDCEM) Has A Pretty Healthy Balance Sheet
Jan 25These 4 Measures Indicate That ITD Cementation India (NSE:ITDCEM) Is Using Debt Reasonably Well
Aug 11Does ITD Cementation India (NSE:ITDCEM) Have A Healthy Balance Sheet?
Dec 08Here's Why ITD Cementation India (NSE:ITDCEM) Can Manage Its Debt Responsibly
Jun 10Is ITD Cementation India (NSE:ITDCEM) A Risky Investment?
Jan 18Does ITD Cementation India (NSE:ITDCEM) Have A Healthy Balance Sheet?
Aug 31Recent updates
Why The 32% Return On Capital At ITD Cementation India (NSE:ITDCEM) Should Have Your Attention
Feb 19ITD Cementation India (NSE:ITDCEM) Has A Pretty Healthy Balance Sheet
Jan 25Why You Should Care About ITD Cementation India's (NSE:ITDCEM) Strong Returns On Capital
Nov 11Growth Investors: Industry Analysts Just Upgraded Their ITD Cementation India Limited (NSE:ITDCEM) Revenue Forecasts By 14%
Aug 13These 4 Measures Indicate That ITD Cementation India (NSE:ITDCEM) Is Using Debt Reasonably Well
Aug 11Party Time: Brokers Just Made Major Increases To Their ITD Cementation India Limited (NSE:ITDCEM) Earnings Forecasts
May 31Is There Now An Opportunity In ITD Cementation India Limited (NSE:ITDCEM)?
Jan 28ITD Cementation India (NSE:ITDCEM) Is Reinvesting At Lower Rates Of Return
Dec 23Does ITD Cementation India (NSE:ITDCEM) Have A Healthy Balance Sheet?
Dec 08ITD Cementation India's (NSE:ITDCEM) Upcoming Dividend Will Be Larger Than Last Year's
Aug 31ITD Cementation India's (NSE:ITDCEM) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 15Some Investors May Be Worried About ITD Cementation India's (NSE:ITDCEM) Returns On Capital
Jul 28Here's Why ITD Cementation India (NSE:ITDCEM) Can Manage Its Debt Responsibly
Jun 10Why ITD Cementation India Limited (NSE:ITDCEM) Could Be Worth Watching
May 07ITD Cementation India's (NSE:ITDCEM) Returns On Capital Not Reflecting Well On The Business
Apr 08Is There Now An Opportunity In ITD Cementation India Limited (NSE:ITDCEM)?
Jan 13ITD Cementation India (NSE:ITDCEM) May Have Issues Allocating Its Capital
Oct 25Should You Think About Buying ITD Cementation India Limited (NSE:ITDCEM) Now?
May 24Be Wary Of ITD Cementation India (NSE:ITDCEM) And Its Returns On Capital
Apr 08Estimating The Fair Value Of ITD Cementation India Limited (NSE:ITDCEM)
Mar 21If You Had Bought ITD Cementation India (NSE:ITDCEM) Shares A Year Ago You'd Have Earned 92% Returns
Mar 05Is It Time To Consider Buying ITD Cementation India Limited (NSE:ITDCEM)?
Feb 18Is ITD Cementation India (NSE:ITDCEM) A Risky Investment?
Jan 18Do Institutions Own ITD Cementation India Limited (NSE:ITDCEM) Shares?
Dec 31Here's What To Make Of ITD Cementation India's (NSE:ITDCEM) Returns On Capital
Dec 16Are ITD Cementation India Limited (NSE:ITDCEM) Investors Paying Above The Intrinsic Value?
Dec 01Is Now An Opportune Moment To Examine ITD Cementation India Limited (NSE:ITDCEM)?
Nov 16Would Shareholders Who Purchased ITD Cementation India's (NSE:ITDCEM) Stock Three Years Be Happy With The Share price Today?
Nov 01Is ITD Cementation India Limited (NSE:ITDCEM) A Smart Pick For Income Investors?
Oct 06ITD Cementation India Limited (NSE:ITDCEM) Passed Our Checks, And It's About To Pay A ₹0.30 Dividend
Sep 10Does ITD Cementation India (NSE:ITDCEM) Have A Healthy Balance Sheet?
Aug 31Financial Position Analysis
Short Term Liabilities: ITDCEM's short term assets (₹39.8B) exceed its short term liabilities (₹38.8B).
Long Term Liabilities: ITDCEM's short term assets (₹39.8B) exceed its long term liabilities (₹2.0B).
Debt to Equity History and Analysis
Debt Level: ITDCEM's net debt to equity ratio (21.5%) is considered satisfactory.
Reducing Debt: ITDCEM's debt to equity ratio has increased from 49.6% to 58.9% over the past 5 years.
Debt Coverage: ITDCEM's debt is well covered by operating cash flow (83.7%).
Interest Coverage: ITDCEM's interest payments on its debt are well covered by EBIT (3.6x coverage).