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
We Think ITT (NYSE:ITT) Can Stay On Top Of Its Debt
Nov 28
Is ITT (NYSE:ITT) Using Too Much Debt?
Aug 29We 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 15Recent updates
Should You Think About Buying ITT Inc. (NYSE:ITT) Now?
Dec 24Should You Be Adding ITT (NYSE:ITT) To Your Watchlist Today?
Dec 11We Think ITT (NYSE:ITT) Can Stay On Top Of Its Debt
Nov 28Results: 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 24ITT Inc.: Diversification Of Revenues Resulting In Stabilized Cash Flows
Nov 07ITT: Solid Q2 Earnings Report Brings Optimism
Aug 11Financial 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).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/29 17:42 |
| End of Day Share Price | 2024/12/27 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
ITT Inc. is covered by 35 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Igor Maryasis | Aegis Capital Corporation |
| Richard Radbourne | Atlantic Equities LLP |
| Igor Maryasis | Avondale Partners |