Tourism Finance Corporation of India Balance Sheet Health
Financial Health criteria checks 3/6
Tourism Finance of India has a total shareholder equity of ₹10.9B and total debt of ₹9.8B, which brings its debt-to-equity ratio to 89.7%. Its total assets and total liabilities are ₹21.1B and ₹10.2B respectively.
Key information
89.7%
Debt to equity ratio
₹9.78b
Debt
| Interest coverage ratio | n/a |
| Cash | ₹335.50m |
| Equity | ₹10.90b |
| Total liabilities | ₹10.16b |
| Total assets | ₹21.06b |
Recent financial health updates
No updates
Recent updates
Improved Earnings Required Before Tourism Finance Corporation of India Limited (NSE:TFCILTD) Stock's 28% Jump Looks Justified
Feb 27
Tourism Finance Corporation of India (NSE:TFCILTD) Ticks All The Boxes When It Comes To Earnings Growth
Feb 20Tourism Finance Corporation of India's (NSE:TFCILTD) Dividend Will Be Increased To ₹1.20
Aug 29If You Had Bought Tourism Finance Corporation of India's (NSE:TFCILTD) Shares Three Years Ago You Would Be Down 60%
Mar 08Tourism Finance Corporation of India Limited (NSE:TFCILTD) Insiders Increased Their Holdings
Jan 12Reflecting on Tourism Finance Corporation of India's (NSE:TFCILTD) Share Price Returns Over The Last Three Years
Dec 08Insider Buying: The Tourism Finance Corporation of India Limited (NSE:TFCILTD) Additional Non-Independent Director Just Bought ₹2.8m Worth Of Shares
Sep 10Tourism Finance Corporation of India Limited's (NSE:TFCILTD) Shares Lagging The Market But So Is The Business
Aug 21
The Additional Non-Independent Director of Tourism Finance Corporation of India Limited (NSE:TFCILTD), Koppara Thomas, Just Bought 27% More Shares
Jun 26Financial Position Analysis
Short Term Liabilities: TFCILTD's short term assets (₹16.1B) exceed its short term liabilities (₹23.5M).
Long Term Liabilities: TFCILTD's short term assets (₹16.1B) exceed its long term liabilities (₹10.1B).
Debt to Equity History and Analysis
Debt Level: TFCILTD's net debt to equity ratio (86.6%) is considered high.
Reducing Debt: TFCILTD's debt to equity ratio has reduced from 179.6% to 89.7% over the past 5 years.
Debt Coverage: TFCILTD's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if TFCILTD's interest payments on its debt are well covered by EBIT.