Industrial Investment Trust Balance Sheet Health
Financial Health criteria checks 6/6
Industrial Investment Trust has a total shareholder equity of ₹4.5B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹4.5B and ₹75.3M respectively. Industrial Investment Trust's EBIT is ₹402.8M making its interest coverage ratio 83.6. It has cash and short-term investments of ₹492.5M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | 83.6x |
| Cash | ₹492.52m |
| Equity | ₹4.46b |
| Total liabilities | ₹75.26m |
| Total assets | ₹4.53b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: IITL's short term assets (₹1.5B) exceed its short term liabilities (₹6.8M).
Long Term Liabilities: IITL's short term assets (₹1.5B) exceed its long term liabilities (₹68.4M).
Debt to Equity History and Analysis
Debt Level: IITL is debt free.
Reducing Debt: IITL had no debt 5 years ago.
Debt Coverage: IITL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: IITL has no debt, therefore coverage of interest payments is not a concern.