LTIMindtree Balance Sheet Health

Financial Health criteria checks 5/6

LTIMindtree has a total shareholder equity of ₹200.3B and total debt of ₹407.0M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are ₹275.6B and ₹75.4B respectively. LTIMindtree's EBIT is ₹55.7B making its interest coverage ratio -34.1. It has cash and short-term investments of ₹95.7B.

Key information

0.2%

Debt to equity ratio

₹407.00m

Debt

Interest coverage ratio-34.1x
Cash₹95.69b
Equity₹200.26b
Total liabilities₹75.37b
Total assets₹275.63b

Recent financial health updates

Recent updates

LTIMindtree (NSE:LTIM) Has A Pretty Healthy Balance Sheet

Jul 12
LTIMindtree (NSE:LTIM) Has A Pretty Healthy Balance Sheet

Earnings Release: Here's Why Analysts Cut Their LTIMindtree Limited (NSE:LTIM) Price Target To ₹5,035

Apr 27
Earnings Release: Here's Why Analysts Cut Their LTIMindtree Limited (NSE:LTIM) Price Target To ₹5,035

LTIMindtree (NSE:LTIM) Could Easily Take On More Debt

Apr 01
LTIMindtree (NSE:LTIM) Could Easily Take On More Debt

Some Shareholders Feeling Restless Over LTIMindtree Limited's (NSE:LTIM) P/E Ratio

Mar 10
Some Shareholders Feeling Restless Over LTIMindtree Limited's (NSE:LTIM) P/E Ratio

Is LTIMindtree (NSE:LTIM) A Risky Investment?

Sep 22
Is LTIMindtree (NSE:LTIM) A Risky Investment?

With EPS Growth And More, LTIMindtree (NSE:LTIM) Makes An Interesting Case

Aug 11
With EPS Growth And More, LTIMindtree (NSE:LTIM) Makes An Interesting Case

LTIMindtree (NSE:LTIM) Is Paying Out A Larger Dividend Than Last Year

Jul 01
LTIMindtree (NSE:LTIM) Is Paying Out A Larger Dividend Than Last Year

LTIMindtree's (NSE:LTIM) Dividend Will Be Increased To ₹40.00

Jun 17
LTIMindtree's (NSE:LTIM) Dividend Will Be Increased To ₹40.00

These 4 Measures Indicate That LTIMindtree (NSE:LTIM) Is Using Debt Safely

May 20
These 4 Measures Indicate That LTIMindtree (NSE:LTIM) Is Using Debt Safely

If EPS Growth Is Important To You, LTIMindtree (NSE:LTIM) Presents An Opportunity

May 02
If EPS Growth Is Important To You, LTIMindtree (NSE:LTIM) Presents An Opportunity

We Think LTIMindtree (NSE:LTIM) Can Manage Its Debt With Ease

Jan 16
We Think LTIMindtree (NSE:LTIM) Can Manage Its Debt With Ease

Capital Investments At LTIMindtree (NSE:LTIM) Point To A Promising Future

Dec 14
Capital Investments At LTIMindtree (NSE:LTIM) Point To A Promising Future

Analysts Are Betting On Larsen & Toubro Infotech Limited (NSE:LTI) With A Big Upgrade This Week

Nov 18
Analysts Are Betting On Larsen & Toubro Infotech Limited (NSE:LTI) With A Big Upgrade This Week

If EPS Growth Is Important To You, Larsen & Toubro Infotech (NSE:LTI) Presents An Opportunity

Oct 31
If EPS Growth Is Important To You, Larsen & Toubro Infotech (NSE:LTI) Presents An Opportunity

What Is Larsen & Toubro Infotech Limited's (NSE:LTI) Share Price Doing?

Oct 14
What Is Larsen & Toubro Infotech Limited's (NSE:LTI) Share Price Doing?

Larsen & Toubro Infotech (NSE:LTI) Could Easily Take On More Debt

Sep 18
Larsen & Toubro Infotech (NSE:LTI) Could Easily Take On More Debt

Many Would Be Envious Of Larsen & Toubro Infotech's (NSE:LTI) Excellent Returns On Capital

Sep 06
Many Would Be Envious Of Larsen & Toubro Infotech's (NSE:LTI) Excellent Returns On Capital

If EPS Growth Is Important To You, Larsen & Toubro Infotech (NSE:LTI) Presents An Opportunity

Jul 29
If EPS Growth Is Important To You, Larsen & Toubro Infotech (NSE:LTI) Presents An Opportunity

Is It Time To Consider Buying Larsen & Toubro Infotech Limited (NSE:LTI)?

Jul 16
Is It Time To Consider Buying Larsen & Toubro Infotech Limited (NSE:LTI)?

Larsen & Toubro Infotech (NSE:LTI) Has Announced That It Will Be Increasing Its Dividend To ₹30.00

Jun 19
Larsen & Toubro Infotech (NSE:LTI) Has Announced That It Will Be Increasing Its Dividend To ₹30.00

Financial Position Analysis

Short Term Liabilities: LTIM's short term assets (₹188.5B) exceed its short term liabilities (₹57.4B).

Long Term Liabilities: LTIM's short term assets (₹188.5B) exceed its long term liabilities (₹17.9B).


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 0.2% over the past 5 years.

Debt Coverage: LTIM's debt is well covered by operating cash flow (13930%).

Interest Coverage: LTIM earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies

Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.