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
Is ITC (NSE:ITC) A Risky Investment?
Feb 29
These 4 Measures Indicate That ITC (NSE:ITC) Is Using Debt Safely
Sep 19ITC (NSE:ITC) Has A Rock Solid Balance Sheet
Jun 21We Think ITC (NSE:ITC) Can Manage Its Debt With Ease
Mar 13Does ITC (NSE:ITC) Have A Healthy Balance Sheet?
Sep 20Is ITC (NSE:ITC) A Risky Investment?
Feb 21Recent updates
Here's Why We Think ITC (NSE:ITC) Is Well Worth Watching
Apr 06Is ITC (NSE:ITC) A Risky Investment?
Feb 29ITC Limited (NSE:ITC) Investors Are Less Pessimistic Than Expected
Dec 18Why The 34% Return On Capital At ITC (NSE:ITC) Should Have Your Attention
Nov 30Is Now The Time To Put ITC (NSE:ITC) On Your Watchlist?
Nov 12These 4 Measures Indicate That ITC (NSE:ITC) Is Using Debt Safely
Sep 19Investors Shouldn't Overlook The Favourable Returns On Capital At ITC (NSE:ITC)
Aug 21Here's Why ITC (NSE:ITC) Has Caught The Eye Of Investors
Jul 06ITC (NSE:ITC) Has A Rock Solid Balance Sheet
Jun 21A Look Into ITC's (NSE:ITC) Impressive Returns On Capital
May 21ITC's (NSE:ITC) Dividend Will Be Increased To ₹9.50
May 21Here's Why We Think ITC (NSE:ITC) Might Deserve Your Attention Today
Mar 28We Think ITC (NSE:ITC) Can Manage Its Debt With Ease
Mar 13ITC's (NSE:ITC) Dividend Will Be Increased To ₹6.00
Feb 07A Look Into ITC's (NSE:ITC) Impressive Returns On Capital
Dec 23If EPS Growth Is Important To You, ITC (NSE:ITC) Presents An Opportunity
Dec 05Does ITC (NSE:ITC) Have A Healthy Balance Sheet?
Sep 20Here's Why We Think ITC (NSE:ITC) Might Deserve Your Attention Today
Aug 24Many Would Be Envious Of ITC's (NSE:ITC) Excellent Returns On Capital
Jul 31ITC Limited (NSE:ITC) Shares Could Be 20% Above Their Intrinsic Value Estimate
Jul 17Here's Why I Think ITC (NSE:ITC) Might Deserve Your Attention Today
May 12Many Would Be Envious Of ITC's (NSE:ITC) Excellent Returns On Capital
Apr 28Is ITC Limited (NSE:ITC) Expensive For A Reason? A Look At Its Intrinsic Value
Apr 12Is ITC (NSE:ITC) A Risky Investment?
Feb 21ITC (NSE:ITC) Has Announced That It Will Be Increasing Its Dividend To ₹5.25
Feb 06Estimating The Fair Value Of ITC Limited (NSE:ITC)
Jan 03Shareholders Are Optimistic That ITC (NSE:ITC) Will Multiply In Value
Nov 29Calculating The Intrinsic Value Of ITC Limited (NSE:ITC)
Sep 05Is ITC (NSE:ITC) A Risky Investment?
Aug 21Financial Position Analysis
Short Term Liabilities: ITC's short term assets (₹403.8B) exceed its short term liabilities (₹148.0B).
Long Term Liabilities: ITC's short term assets (₹403.8B) exceed its long term liabilities (₹27.0B).
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 0.03% to 0.4% over the past 5 years.
Debt Coverage: ITC's debt is well covered by operating cash flow (6400.6%).
Interest Coverage: ITC earns more interest than it pays, so coverage of interest payments is not a concern.