India Tourism Development Balance Sheet Health
Financial Health criteria checks 5/6
India Tourism Development has a total shareholder equity of ₹3.5B and total debt of ₹6.3M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are ₹8.7B and ₹5.2B respectively. India Tourism Development's EBIT is ₹876.3M making its interest coverage ratio -7.5. It has cash and short-term investments of ₹1.5B.
Key information
0.2%
Debt to equity ratio
₹6.30m
Debt
Interest coverage ratio | -7.5x |
Cash | ₹1.53b |
Equity | ₹3.49b |
Total liabilities | ₹5.25b |
Total assets | ₹8.74b |
Recent financial health updates
No updates
Recent updates
Under The Bonnet, India Tourism Development's (NSE:ITDC) Returns Look Impressive
Apr 08India Tourism Development Corporation Limited's (NSE:ITDC) Share Price Could Signal Some Risk
Jan 16Returns On Capital Are Showing Encouraging Signs At India Tourism Development (NSE:ITDC)
Oct 18Can You Imagine How India Tourism Development's (NSE:ITDC) Shareholders Feel About The 41% Share Price Increase?
Feb 28Will The ROCE Trend At India Tourism Development (NSE:ITDC) Continue?
Nov 15Returns On Capital - An Important Metric For India Tourism Development (NSE:ITDC)
Aug 03Would India Tourism Development Corporation Limited (NSE:ITDC) Be Valuable To Income Investors?
Jul 08Financial Position Analysis
Short Term Liabilities: ITDC's short term assets (₹7.7B) exceed its short term liabilities (₹4.9B).
Long Term Liabilities: ITDC's short term assets (₹7.7B) exceed its long term liabilities (₹383.6M).
Debt to Equity History and Analysis
Debt Level: ITDC has more cash than its total debt.
Reducing Debt: ITDC's debt to equity ratio has reduced from 0.4% to 0.2% over the past 5 years.
Debt Coverage: ITDC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ITDC earns more interest than it pays, so coverage of interest payments is not a concern.