ITC Balance Sheet Health
Financial Health criteria checks 5/6
ITC has a total shareholder equity of ₹696.3B and total debt of ₹2.8B, which brings its debt-to-equity ratio to 0.4%. Its total assets and total liabilities are ₹871.4B and ₹175.1B respectively. ITC's EBIT is ₹244.4B making its interest coverage ratio -16.4. It has cash and short-term investments of ₹186.7B.
Key information
0.4%
Debt to equity ratio
₹2.84b
Debt
Interest coverage ratio | -16.4x |
Cash | ₹186.69b |
Equity | ₹696.31b |
Total liabilities | ₹175.06b |
Total assets | ₹871.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500875's short term assets (₹403.8B) exceed its short term liabilities (₹148.0B).
Long Term Liabilities: 500875's short term assets (₹403.8B) exceed its long term liabilities (₹27.0B).
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 0.03% to 0.4% over the past 5 years.
Debt Coverage: 500875's debt is well covered by operating cash flow (6400.6%).
Interest Coverage: 500875 earns more interest than it pays, so coverage of interest payments is not a concern.