ITC Balance Sheet Health
Financial Health criteria checks 5/6
ITC has a total shareholder equity of ₹757.9B and total debt of ₹267.8M, which brings its debt-to-equity ratio to 0.04%. Its total assets and total liabilities are ₹940.7B and ₹182.8B respectively. ITC's EBIT is ₹246.4B making its interest coverage ratio -14.8. It has cash and short-term investments of ₹191.0B.
Key information
0.04%
Debt to equity ratio
₹267.80m
Debt
| Interest coverage ratio | -14.8x |
| Cash | ₹191.00b |
| Equity | ₹757.92b |
| Total liabilities | ₹182.79b |
| Total assets | ₹940.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500875's short term assets (₹456.5B) exceed its short term liabilities (₹149.6B).
Long Term Liabilities: 500875's short term assets (₹456.5B) exceed its long term liabilities (₹33.2B).
Debt to Equity History and Analysis
Debt Level: 500875 has more cash than its total debt.
Reducing Debt: 500875's debt to equity ratio has increased from 0.02% to 0.04% over the past 5 years.
Debt Coverage: 500875's debt is well covered by operating cash flow (60353.5%).
Interest Coverage: 500875 earns more interest than it pays, so coverage of interest payments is not a concern.