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
Recent updates
We Think ITC (NSE:ITC) Can Stay On Top Of Its Debt
Dec 20
ITC (NSE:ITC) Looks To Prolong Its Impressive Returns
Dec 02ITC Limited Just Recorded A 11% Revenue Beat: Here's What Analysts Think
Oct 27ITC Limited's (NSE:ITC) Business And Shares Still Trailing The Market
Oct 18Many Would Be Envious Of ITC's (NSE:ITC) Excellent Returns On Capital
Aug 21ITC Limited's (NSE:ITC) CEO Looks Due For A Compensation Raise
Jul 20There's No Escaping ITC Limited's (NSE:ITC) Muted Earnings
Apr 24Here's Why We Think ITC (NSE:ITC) Is Well Worth Watching
Apr 06Is ITC (NSE:ITC) A Risky Investment?
Feb 29Financial Position Analysis
Short Term Liabilities: ITC's short term assets (₹456.5B) exceed its short term liabilities (₹149.6B).
Long Term Liabilities: ITC's short term assets (₹456.5B) exceed its long term liabilities (₹33.2B).
Debt to Equity History and Analysis
Debt Level: ITC has more cash than its total debt.
Reducing Debt: ITC's debt to equity ratio has increased from 0.02% to 0.04% over the past 5 years.
Debt Coverage: ITC's debt is well covered by operating cash flow (60353.5%).
Interest Coverage: ITC earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 21:34 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ITC Limited is covered by 78 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Nitin Bhasin | Ambit Capital |
| Aniruddha Joshi | Anand Rathi Shares and Stock Brokers Limited |
| null null | Anand Rathi Shares and Stock Brokers Limited |