Industrial Investment Trust Balance Sheet Health
Financial Health criteria checks 5/6
Industrial Investment Trust has a total shareholder equity of ₹3.6B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹4.0B and ₹376.2M respectively. Industrial Investment Trust's EBIT is ₹310.0M making its interest coverage ratio 87.7. It has cash and short-term investments of ₹241.5M.
Key information
0%
Debt to equity ratio
₹0
Debt
Interest coverage ratio | 87.7x |
Cash | ₹241.49m |
Equity | ₹3.62b |
Total liabilities | ₹376.24m |
Total assets | ₹4.00b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 501295's short term assets (₹311.3M) exceed its short term liabilities (₹5.0M).
Long Term Liabilities: 501295's short term assets (₹311.3M) do not cover its long term liabilities (₹371.2M).
Debt to Equity History and Analysis
Debt Level: 501295 is debt free.
Reducing Debt: 501295 has no debt compared to 5 years ago when its debt to equity ratio was 0.06%.
Debt Coverage: 501295 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 501295 has no debt, therefore coverage of interest payments is not a concern.