Transport Corporation of India Balance Sheet Health
Financial Health criteria checks 6/6
Transport of India has a total shareholder equity of ₹20.3B and total debt of ₹1.7B, which brings its debt-to-equity ratio to 8.3%. Its total assets and total liabilities are ₹26.1B and ₹5.8B respectively. Transport of India's EBIT is ₹3.2B making its interest coverage ratio -28.4. It has cash and short-term investments of ₹3.4B.
Key information
8.3%
Debt to equity ratio
₹1.70b
Debt
| Interest coverage ratio | -28.4x |
| Cash | ₹3.37b |
| Equity | ₹20.31b |
| Total liabilities | ₹5.83b |
| Total assets | ₹26.15b |
Recent financial health updates
Is Transport Corporation of India (NSE:TCI) A Risky Investment?
Nov 13
We Think Transport Corporation of India (NSE:TCI) Can Manage Its Debt With Ease
Jan 04Recent updates
Is Transport Corporation of India (NSE:TCI) A Risky Investment?
Nov 13Transport Corporation of India Limited Just Recorded A 17% EPS Beat: Here's What Analysts Are Forecasting Next
Oct 29Slowing Rates Of Return At Transport Corporation of India (NSE:TCI) Leave Little Room For Excitement
Oct 09Transport Corporation of India (NSE:TCI) Ticks All The Boxes When It Comes To Earnings Growth
Aug 23Analysts Are Updating Their Transport Corporation of India Limited (NSE:TCI) Estimates After Its First-Quarter Results
Jul 31Shareholders Will Probably Hold Off On Increasing Transport Corporation of India Limited's (NSE:TCI) CEO Compensation For The Time Being
Jul 21Transport Corporation of India (NSE:TCI) Has Affirmed Its Dividend Of ₹2.00
Jun 28Investors 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 18Financial Position Analysis
Short Term Liabilities: TCI's short term assets (₹13.0B) exceed its short term liabilities (₹3.9B).
Long Term Liabilities: TCI's short term assets (₹13.0B) exceed its long term liabilities (₹1.9B).
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 40.5% to 8.3% over the past 5 years.
Debt Coverage: TCI's debt is well covered by operating cash flow (201%).
Interest Coverage: TCI earns more interest than it pays, so coverage of interest payments is not a concern.