ITT Balance Sheet Health
Financial Health criteria checks 5/6
ITT has a total shareholder equity of $2.5B and total debt of $193.4M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are $3.9B and $1.4B respectively. ITT's EBIT is $528.4M making its interest coverage ratio 50.8. It has cash and short-term investments of $489.2M.
Key information
7.6%
Debt to equity ratio
US$193.40m
Debt
| Interest coverage ratio | 50.8x |
| Cash | US$489.20m |
| Equity | US$2.54b |
| Total liabilities | US$1.39b |
| Total assets | US$3.93b |
Recent financial health updates
We Think ITT (NYSE:ITT) Can Stay On Top Of Its Debt
Jan 15
Is ITT (NYSE:ITT) Using Too Much Debt?
Sep 11Is ITT (NYSE:ITT) Using Too Much Debt?
May 25ITT (NYSE:ITT) Has A Pretty Healthy Balance Sheet
Feb 10ITT (NYSE:ITT) Has A Pretty Healthy Balance Sheet
Oct 11Recent updates
With EPS Growth And More, ITT (NYSE:ITT) Makes An Interesting Case
Apr 11A Look At The Intrinsic Value Of ITT Inc. (NYSE:ITT)
Mar 28At US$122, Is It Time To Put ITT Inc. (NYSE:ITT) On Your Watch List?
Feb 21We Think ITT (NYSE:ITT) Can Stay On Top Of Its Debt
Jan 15We Ran A Stock Scan For Earnings Growth And ITT (NYSE:ITT) Passed With Ease
Jan 03ITT: Looking More Than Fair After A Big Re-Rating
Dec 24Some Shareholders Feeling Restless Over ITT Inc.'s (NYSE:ITT) P/E Ratio
Dec 20ITT Inc. (NYSE:ITT) Shares Could Be 21% Below Their Intrinsic Value Estimate
Dec 08ITT (NYSE:ITT) Knows How To Allocate Capital Effectively
Nov 23ITT Inc.: Diversification Of Revenues Resulting In Stabilized Cash Flows
Nov 07What Does ITT Inc.'s (NYSE:ITT) Share Price Indicate?
Nov 06Here's Why We Think ITT (NYSE:ITT) Might Deserve Your Attention Today
Sep 26Is ITT (NYSE:ITT) Using Too Much Debt?
Sep 11Is ITT Inc. (NYSE:ITT) Trading At A 34% Discount?
Aug 22ITT: Solid Q2 Earnings Report Brings Optimism
Aug 11ITT (NYSE:ITT) Might Have The Makings Of A Multi-Bagger
Aug 09Is There Now An Opportunity In ITT Inc. (NYSE:ITT)?
Jul 27Here's Why We Think ITT (NYSE:ITT) Is Well Worth Watching
Jun 16Is ITT (NYSE:ITT) Using Too Much Debt?
May 25There's Been No Shortage Of Growth Recently For ITT's (NYSE:ITT) Returns On Capital
May 07Why ITT Inc. (NYSE:ITT) Could Be Worth Watching
Apr 25Estimating The Intrinsic Value Of ITT Inc. (NYSE:ITT)
Apr 08Is Now The Time To Put ITT (NYSE:ITT) On Your Watchlist?
Mar 15ITT (NYSE:ITT) Is Paying Out A Larger Dividend Than Last Year
Feb 12ITT (NYSE:ITT) Has A Pretty Healthy Balance Sheet
Feb 10ITT Q4 2022 Earnings Preview
Feb 08Is Now An Opportune Moment To Examine ITT Inc. (NYSE:ITT)?
Jan 16Calculating The Intrinsic Value Of ITT Inc. (NYSE:ITT)
Jan 04Returns On Capital Are Showing Encouraging Signs At ITT (NYSE:ITT)
Dec 23Does ITT (NYSE:ITT) Deserve A Spot On Your Watchlist?
Dec 11ITT Pressured By Delayed Cost Recoveries And Weakening Short-Cycle Markets
Nov 09ITT Q3 2022 Earnings Preview
Nov 02ITT (NYSE:ITT) Has A Pretty Healthy Balance Sheet
Oct 11At US$66.90, Is It Time To Put ITT Inc. (NYSE:ITT) On Your Watch List?
Sep 26An Intrinsic Calculation For ITT Inc. (NYSE:ITT) Suggests It's 47% Undervalued
Sep 11Returns At ITT (NYSE:ITT) Are On The Way Up
Aug 28ITT expands compact actuation portfolio with Clippard cylinder product line
Aug 10Financial Position Analysis
Short Term Liabilities: ITT's short term assets ($1.9B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: ITT's short term assets ($1.9B) exceed its long term liabilities ($355.7M).
Debt to Equity History and Analysis
Debt Level: ITT has more cash than its total debt.
Reducing Debt: ITT's debt to equity ratio has increased from 6.8% to 7.6% over the past 5 years.
Debt Coverage: ITT's debt is well covered by operating cash flow (278%).
Interest Coverage: ITT's interest payments on its debt are well covered by EBIT (50.8x coverage).