Tourism Finance Corporation of India Balance Sheet Health
Financial Health criteria checks 3/6
Tourism Finance of India has a total shareholder equity of ₹11.7B and total debt of ₹10.3B, which brings its debt-to-equity ratio to 88.7%. Its total assets and total liabilities are ₹22.4B and ₹10.7B respectively.
Key information
88.7%
Debt to equity ratio
₹10.35b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹638.33m |
| Equity | ₹11.66b |
| Total liabilities | ₹10.74b |
| Total assets | ₹22.40b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526650's short term assets (₹15.9B) exceed its short term liabilities (₹11.9M).
Long Term Liabilities: 526650's short term assets (₹15.9B) exceed its long term liabilities (₹10.7B).
Debt to Equity History and Analysis
Debt Level: 526650's net debt to equity ratio (83.2%) is considered high.
Reducing Debt: 526650's debt to equity ratio has reduced from 175.7% to 88.7% over the past 5 years.
Debt Coverage: 526650's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 526650's interest payments on its debt are well covered by EBIT.