ITT Balance Sheet Health
Financial Health criteria checks 5/6
ITT has a total shareholder equity of $2.8B and total debt of $830.4M, which brings its debt-to-equity ratio to 30.1%. Its total assets and total liabilities are $4.9B and $2.2B respectively. ITT's EBIT is $594.5M making its interest coverage ratio 27.5. It has cash and short-term investments of $460.9M.
Key information
30.1%
Debt to equity ratio
US$830.40m
Debt
| Interest coverage ratio | 27.5x |
| Cash | US$460.90m |
| Equity | US$2.76b |
| Total liabilities | US$2.19b |
| Total assets | US$4.94b |
Recent financial health updates
Is ITT (NYSE:ITT) Using Too Much Debt?
Aug 29
We Think ITT (NYSE:ITT) Can Stay On Top Of Its Debt
May 07We Think ITT (NYSE:ITT) Can Stay On Top Of Its Debt
Jan 15Is ITT (NYSE:ITT) Using Too Much Debt?
Sep 11Is ITT (NYSE:ITT) Using Too Much Debt?
May 25Recent updates
Results: ITT Inc. Exceeded Expectations And The Consensus Has Updated Its Estimates
Nov 01Estimating The Fair Value Of ITT Inc. (NYSE:ITT)
Oct 10Should You Think About Buying ITT Inc. (NYSE:ITT) Now?
Sep 12Is ITT (NYSE:ITT) Using Too Much Debt?
Aug 29Some Shareholders Feeling Restless Over ITT Inc.'s (NYSE:ITT) P/E Ratio
Aug 16The ITT Inc. (NYSE:ITT) Second-Quarter Results Are Out And Analysts Have Published New Forecasts
Aug 04ITT: Active Portfolio Reshuffling To Maintain A Solid Positioning
Aug 04Is Now The Time To Put ITT (NYSE:ITT) On Your Watchlist?
Jul 23ITT (NYSE:ITT) Might Have The Makings Of A Multi-Bagger
Jul 11ITT Inc.'s (NYSE:ITT) CEO Will Probably Have Their Compensation Approved By Shareholders
May 09ITT Continues Strong Performance Post-Pandemic, Now Adding Acquired Growth
May 08We Think ITT (NYSE:ITT) Can Stay On Top Of Its Debt
May 07There's Reason For Concern Over ITT Inc.'s (NYSE:ITT) Price
Apr 25With 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 15Financial Position Analysis
Short Term Liabilities: ITT's short term assets ($2.0B) exceed its short term liabilities ($1.3B).
Long Term Liabilities: ITT's short term assets ($2.0B) exceed its long term liabilities ($914.1M).
Debt to Equity History and Analysis
Debt Level: ITT's net debt to equity ratio (13.4%) is considered satisfactory.
Reducing Debt: ITT's debt to equity ratio has increased from 6.8% to 30.1% over the past 5 years.
Debt Coverage: ITT's debt is well covered by operating cash flow (61.3%).
Interest Coverage: ITT's interest payments on its debt are well covered by EBIT (27.5x coverage).