Table of Contents
Does ITC have debt?
Based on the latest financial disclosure, ITC LTD has a Total Debt of 2.75 B. This is 49.35\% lower than that of the Consumer Defensive sector and 85.65\% lower than that of the Tobacco industry. The total debt for all India stocks is 48.28\% higher than that of the company.
Is TCS a zero debt free company?
A few of the top debt free companies in India are TCS, Infosys, Maruti Suzuki, ITC, Hero motocorp, Titan company, etc.
How much is Wipro debt?
Last 5 Years Data
| Financial performance | 2016-17 | 2019-20 |
|---|---|---|
| Total Debt (B) | 1,42,412 | 78042 |
| Net Cash (A-B) | 2,02,328 | 2,56,092 |
| Property, Plant and Equipment (C) | 69,794 | 81,120 |
| Intangible Assets (D) | 15,922 | 16,362 |
Is Infosys debt-free?
Infosys is a debt-free company. It doesn’t have any outstanding debt or fixed deposits. The company presently generates sufficient cash internally to finance all its operational, financing and investment requirements.
What is debt of Ashok Leyland?
“The company brought down its net debt by ₹1,200 crore to ₹3,076 crore. Debt equity has reduced from 0.6 times at the end of June ’20 to 0.5 times as of end of Sept ’20,” said Gopal Mahadevan, wholetime director and CFO, Ashok Leyland. ALL had a net debt of ₹2,000 crore during March 2020.
What is ROE of Tata Motors?
Company has a low return on equity of -11.18\% for last 3 years. Earnings include an other income of Rs. 2221.77 Cr….Profit & Loss.
| Return on Equity | |
|---|---|
| 10 Years: | -6\% |
| 5 Years: | -9\% |
| 3 Years: | -11\% |
| Last Year: | -21\% |
What is the present size of ITC?
ITC Limited is one of India’s foremost multinational conglomerates headquartered in Kolkata, West Bengal. It currently has a market capitalization of around Rs 2.5 lakh crore and gross sales of Rs 456 billion (as of 31 March 2020). ITC has a diverse presence in Cigarettes, FMCG, Agri-Business, Hotels, and Paper & Packaging.
Is it good to invest in debt-free companies?
Generally, a debt-free company is considered a good company, as they have fewer liabilities to cover and can invest their funds for the company’s better performance. The below is a list of the zero debt companies with the largest market capitalization. 1. SBI Life Insurance Company Ltd
Which companies have no debt in India 2020?
List of zero debt companies in India – September 2020 1 COMPANY. M CAP (Rs Cr.) 2 TCS 3 Hind. Unilever 4 Infosys 5 ITC 6 HCL Tech 7 Maruti Suzuki 8 Asian Paints 9 Wipro 10 Nestle India
What does it mean when a company is debt-free?
A company can be considered debt-free if there is zero debt in its balance sheet. Companies like these don’t have any outstanding loans and have more control over their finances. They are more self-reliant and can make swift decisions.