Tourism Finance Corporation of India Balance Sheet Health
Financial Health criteria checks 3/6
Tourism Finance of India has a total shareholder equity of ₹9.5B and total debt of ₹10.4B, which brings its debt-to-equity ratio to 110%. Its total assets and total liabilities are ₹20.3B and ₹10.8B respectively.
Key information
110.0%
Debt to equity ratio
₹10.44b
Debt
Interest coverage ratio | n/a |
Cash | ₹1.11b |
Equity | ₹9.49b |
Total liabilities | ₹10.79b |
Total assets | ₹20.28b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526650's short term assets (₹15.0B) exceed its short term liabilities (₹15.5M).
Long Term Liabilities: 526650's short term assets (₹15.0B) exceed its long term liabilities (₹10.8B).
Debt to Equity History and Analysis
Debt Level: 526650's net debt to equity ratio (98.3%) is considered high.
Reducing Debt: 526650's debt to equity ratio has reduced from 133% to 110% over the past 5 years.
Debt Coverage: 526650's debt is not well covered by operating cash flow (4.9%).
Interest Coverage: Insufficient data to determine if 526650's interest payments on its debt are well covered by EBIT.