LTIMindtree Balance Sheet Health
Financial Health criteria checks 5/6
LTIMindtree has a total shareholder equity of ₹210.9B and total debt of ₹160.0M, which brings its debt-to-equity ratio to 0.08%. Its total assets and total liabilities are ₹287.6B and ₹76.7B respectively. LTIMindtree's EBIT is ₹57.7B making its interest coverage ratio -50.9. It has cash and short-term investments of ₹98.6B.
Key information
0.08%
Debt to equity ratio
₹160.00m
Debt
| Interest coverage ratio | -50.9x |
| Cash | ₹98.57b |
| Equity | ₹210.87b |
| Total liabilities | ₹76.74b |
| Total assets | ₹287.61b |
Recent financial health updates
Is LTIMindtree (NSE:LTIM) A Risky Investment?
Oct 13
LTIMindtree (NSE:LTIM) Has A Pretty Healthy Balance Sheet
Jul 12LTIMindtree (NSE:LTIM) Could Easily Take On More Debt
Apr 01Recent updates
Is LTIMindtree (NSE:LTIM) A Risky Investment?
Oct 13LTIMindtree Limited (NSE:LTIM) Investors Are Less Pessimistic Than Expected
Sep 22LTIMindtree Limited (NSE:LTIM) Analysts Are Pretty Bullish On The Stock After Recent Results
Jul 20LTIMindtree (NSE:LTIM) Has A Pretty Healthy Balance Sheet
Jul 12Earnings Release: Here's Why Analysts Cut Their LTIMindtree Limited (NSE:LTIM) Price Target To ₹5,035
Apr 27LTIMindtree (NSE:LTIM) Could Easily Take On More Debt
Apr 01Some Shareholders Feeling Restless Over LTIMindtree Limited's (NSE:LTIM) P/E Ratio
Mar 10Financial Position Analysis
Short Term Liabilities: LTIM's short term assets (₹194.3B) exceed its short term liabilities (₹56.0B).
Long Term Liabilities: LTIM's short term assets (₹194.3B) exceed its long term liabilities (₹20.7B).
Debt to Equity History and Analysis
Debt Level: LTIM has more cash than its total debt.
Reducing Debt: LTIM's debt to equity ratio has increased from 0% to 0.08% over the past 5 years.
Debt Coverage: LTIM's debt is well covered by operating cash flow (35878.1%).
Interest Coverage: LTIM 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 21:45 |
| 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 |
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| 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
LTIMindtree Limited is covered by 62 analysts. 39 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 |
| Ashwin Mehta | Ambit Capital |
| Jayalaxmi Gupta | Anand Rathi Shares and Stock Brokers Limited |