IITL Projects Balance Sheet Health
Financial Health criteria checks 0/6
IITL Projects has a total shareholder equity of ₹-591.3M and total debt of ₹623.5M, which brings its debt-to-equity ratio to -105.5%. Its total assets and total liabilities are ₹296.6M and ₹887.9M respectively.
Key information
-105.5%
Debt to equity ratio
₹623.53m
Debt
Interest coverage ratio | n/a |
Cash | ₹52.45m |
Equity | -₹591.28m |
Total liabilities | ₹887.89m |
Total assets | ₹296.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531968 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 531968 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 531968 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 531968's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 531968's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 531968's interest payments on its debt are well covered by EBIT.