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
Tourism Finance Corporation of India Limited's (NSE:TFCILTD) Prospects Need A Boost To Lift Shares
Nov 23
Tourism Finance Corporation of India (NSE:TFCILTD) Will Pay A Larger Dividend Than Last Year At ₹2.50
Aug 06Tourism Finance Corporation of India (NSE:TFCILTD) Is Increasing Its Dividend To ₹2.50
Jul 23Tourism Finance Corporation of India Limited's (NSE:TFCILTD) Share Price Boosted 27% But Its Business Prospects Need A Lift Too
Jun 27Improved Earnings Required Before Tourism Finance Corporation of India Limited (NSE:TFCILTD) Stock's 28% Jump Looks Justified
Feb 27Tourism 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 (₹15.9B) exceed its short term liabilities (₹11.9M).
Long Term Liabilities: TFCILTD's short term assets (₹15.9B) exceed its long term liabilities (₹10.7B).
Debt to Equity History and Analysis
Debt Level: TFCILTD's net debt to equity ratio (83.2%) is considered high.
Reducing Debt: TFCILTD's debt to equity ratio has reduced from 175.7% to 88.7% 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.