Transport Corporation of India Balance Sheet Health
Financial Health criteria checks 6/6
Transport of India has a total shareholder equity of ₹18.9B and total debt of ₹1.6B, which brings its debt-to-equity ratio to 8.4%. Its total assets and total liabilities are ₹23.2B and ₹4.3B respectively. Transport of India's EBIT is ₹3.0B making its interest coverage ratio -1019.7. It has cash and short-term investments of ₹3.0B.
Key information
8.4%
Debt to equity ratio
₹1.59b
Debt
Interest coverage ratio | -1019.7x |
Cash | ₹3.00b |
Equity | ₹18.92b |
Total liabilities | ₹4.26b |
Total assets | ₹23.18b |
Recent financial health updates
We Think Transport Corporation of India (NSE:TCI) Can Manage Its Debt With Ease
Jan 04Is Transport Corporation of India (NSE:TCI) A Risky Investment?
Dec 08Recent updates
Investors Don't See Light At End Of Transport Corporation of India Limited's (NSE:TCI) Tunnel
Apr 04Transport Corporation of India Limited Just Missed Earnings - But Analysts Have Updated Their Models
Feb 07Transport Corporation of India (NSE:TCI) Is Due To Pay A Dividend Of ₹2.50
Feb 05Transport Corporation of India (NSE:TCI) Is Paying Out A Dividend Of ₹2.50
Nov 05Transport Corporation of India (NSE:TCI) Has Announced A Dividend Of ₹2.00
Jul 08Transport Corporation of India (NSE:TCI) Has Affirmed Its Dividend Of ₹2.00
Jun 23Transport Corporation of India's (NSE:TCI) Dividend Will Be Increased To ₹2.50
Nov 03Transport Corporation of India (NSE:TCI) Could Become A Multi-Bagger
Sep 17Does This Valuation Of Transport Corporation of India Limited (NSE:TCI) Imply Investors Are Overpaying?
Aug 16Transport Corporation of India (NSE:TCI) Is Increasing Its Dividend To ₹2.00
Jul 21Transport Corporation of India (NSE:TCI) Will Pay A Larger Dividend Than Last Year At ₹2.00
Jul 07With EPS Growth And More, Transport Corporation of India (NSE:TCI) Is Interesting
May 13We Like Transport Corporation of India's (NSE:TCI) Returns And Here's How They're Trending
Feb 15Transport Corporation of India (NSE:TCI) Will Pay A Larger Dividend Than Last Year At ₹2.00
Jan 31Here's Why We Think Transport Corporation of India (NSE:TCI) Is Well Worth Watching
Jan 26We Think Transport Corporation of India (NSE:TCI) Can Manage Its Debt With Ease
Jan 04Here's Why Shareholders May Want To Be Cautious With Increasing Transport Corporation of India Limited's (NSE:TCI) CEO Pay Packet
Jul 27Does This Valuation Of Transport Corporation of India Limited (NSE:TCI) Imply Investors Are Overpaying?
May 20If You Had Bought Transport Corporation of India (NSE:TCI) Stock A Year Ago, You Could Pocket A 28% Gain Today
Mar 16Have Transport Corporation of India Limited (NSE:TCI) Insiders Been Selling Their Stock?
Feb 28Is Transport Corporation of India Limited (NSE:TCI) Expensive For A Reason? A Look At Its Intrinsic Value
Feb 18Is It Smart To Buy Transport Corporation of India Limited (NSE:TCI) Before It Goes Ex-Dividend?
Feb 05Is Transport Corporation of India Limited (NSE:TCI) A Smart Choice For Dividend Investors?
Feb 01Is Transport Corporation of India Limited's(NSE:TCI) Recent Stock Performance Tethered To Its Strong Fundamentals?
Jan 04Is Transport Corporation of India (NSE:TCI) A Risky Investment?
Dec 08MD & Executive Director Vineet Agarwal Just Bought A Handful Of Shares In Transport Corporation of India Limited (NSE:TCI)
Nov 14Transport Corporation of India Limited Just Recorded A 22% Earnings Beat: Here's What Analysts Think
Nov 05Transport Corporation of India's (NSE:TCI) Shareholders Are Down 18% On Their Shares
Oct 27Are Robust Financials Driving The Recent Rally In Transport Corporation of India Limited's (NSE:TCI) Stock?
Sep 22Have Insiders Sold Transport Corporation of India Limited (NSE:TCI) Shares Recently?
Aug 26Financial Position Analysis
Short Term Liabilities: TCI's short term assets (₹11.3B) exceed its short term liabilities (₹2.7B).
Long Term Liabilities: TCI's short term assets (₹11.3B) exceed its long term liabilities (₹1.6B).
Debt to Equity History and Analysis
Debt Level: TCI has more cash than its total debt.
Reducing Debt: TCI's debt to equity ratio has reduced from 53.5% to 8.4% over the past 5 years.
Debt Coverage: TCI's debt is well covered by operating cash flow (223%).
Interest Coverage: TCI earns more interest than it pays, so coverage of interest payments is not a concern.