Indian Railway Catering & Tourism Balance Sheet Health
Financial Health criteria checks 5/6
Indian Railway Catering & Tourism has a total shareholder equity of ₹28.5B and total debt of ₹668.0M, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are ₹55.5B and ₹27.0B respectively. Indian Railway Catering & Tourism's EBIT is ₹13.8B making its interest coverage ratio -1189.2. It has cash and short-term investments of ₹20.3B.
Key information
2.3%
Debt to equity ratio
₹667.97m
Debt
| Interest coverage ratio | -1189.2x |
| Cash | ₹20.26b |
| Equity | ₹28.46b |
| Total liabilities | ₹27.04b |
| Total assets | ₹55.50b |
Recent financial health updates
We Think Indian Railway Catering & Tourism (NSE:IRCTC) Can Stay On Top Of Its Debt
Feb 16
Is Indian Railway Catering & Tourism (NSE:IRCTC) Using Too Much Debt?
Sep 04Indian Railway Catering & Tourism (NSE:IRCTC) Seems To Use Debt Rather Sparingly
Sep 27Is Indian Railway Catering & Tourism (NSE:IRCTC) A Risky Investment?
Mar 02Recent updates
Risks To Shareholder Returns Are Elevated At These Prices For Indian Railway Catering & Tourism Corporation Limited (NSE:IRCTC)
Apr 08Why We Like The Returns At Indian Railway Catering & Tourism (NSE:IRCTC)
Mar 13We Think Indian Railway Catering & Tourism (NSE:IRCTC) Can Stay On Top Of Its Debt
Feb 16There's Reason For Concern Over Indian Railway Catering & Tourism Corporation Limited's (NSE:IRCTC) Massive 27% Price Jump
Dec 30Under The Bonnet, Indian Railway Catering & Tourism's (NSE:IRCTC) Returns Look Impressive
Dec 09Is Indian Railway Catering & Tourism (NSE:IRCTC) Using Too Much Debt?
Sep 04Indian Railway Catering & Tourism (NSE:IRCTC) Is Increasing Its Dividend To ₹2.00
Jul 31Investors Should Be Encouraged By Indian Railway Catering & Tourism's (NSE:IRCTC) Returns On Capital
Jun 27Indian Railway Catering & Tourism (NSE:IRCTC) Could Become A Multi-Bagger
Mar 29With EPS Growth And More, Indian Railway Catering & Tourism (NSE:IRCTC) Makes An Interesting Case
Mar 14Investors Shouldn't Overlook Indian Railway Catering & Tourism's (NSE:IRCTC) Impressive Returns On Capital
Dec 17Here's Why We Think Indian Railway Catering & Tourism (NSE:IRCTC) Might Deserve Your Attention Today
Nov 29Indian Railway Catering & Tourism (NSE:IRCTC) Seems To Use Debt Rather Sparingly
Sep 27Here's Why We Think Indian Railway Catering & Tourism (NSE:IRCTC) Is Well Worth Watching
Jun 28Robust Earnings May Not Tell The Whole Story For Indian Railway Catering & Tourism (NSE:IRCTC)
Jun 07Why The 38% Return On Capital At Indian Railway Catering & Tourism (NSE:IRCTC) Should Have Your Attention
May 02Here's Why I Think Indian Railway Catering & Tourism (NSE:IRCTC) Might Deserve Your Attention Today
Mar 21Is Indian Railway Catering & Tourism (NSE:IRCTC) A Risky Investment?
Mar 02Indian Railway Catering & Tourism (NSE:IRCTC) Might Become A Compounding Machine
Jan 08Does Indian Railway Catering & Tourism (NSE:IRCTC) Deserve A Spot On Your Watchlist?
Dec 17Returns At Indian Railway Catering & Tourism (NSE:IRCTC) Appear To Be Weighed Down
Oct 09Indian Railway Catering & Tourism (NSE:IRCTC) Will Will Want To Turn Around Its Return Trends
May 04What Kind Of Investors Own Most Of Indian Railway Catering & Tourism Corporation Limited (NSE:IRCTC)?
Jan 24
Indian Railway Catering & Tourism Corporation Limited (NSE:IRCTC) Has Got What It Takes To Be An Attractive Dividend Stock
Jan 06Indian Railway Catering & Tourism Corporation Limited (NSE:IRCTC) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?
Dec 16Is Indian Railway Catering & Tourism (NSE:IRCTC) The Next Multi-Bagger?
Nov 25Financial Position Analysis
Short Term Liabilities: IRCTC's short term assets (₹47.0B) exceed its short term liabilities (₹24.7B).
Long Term Liabilities: IRCTC's short term assets (₹47.0B) exceed its long term liabilities (₹2.4B).
Debt to Equity History and Analysis
Debt Level: IRCTC has more cash than its total debt.
Reducing Debt: IRCTC's debt to equity ratio has increased from 0% to 2.3% over the past 5 years.
Debt Coverage: IRCTC's debt is well covered by operating cash flow (1320.8%).
Interest Coverage: IRCTC earns more interest than it pays, so coverage of interest payments is not a concern.