Dividend Coverage ratio Analysis of Tourism Finance Corporation of India Ltd. - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPoint
Beta&Vols
Tech ChartsDividend Coverage of TFCILTD
Mar-254.48Very Good Dividend Coverage | Mar-244.20Very Good Dividend Coverage | Growth6.76% |
Dividend Coverage Analysis of Tourism Finance Corporation of India Ltd.
| Dividend Coverage Ratio of Tourism Finance Corporation of India Ltd. with value of 4.48 indicates company is financially strong and could pay dividends to its common shareholders using its net income. |
| Dividend Coverage Ratio of TFCILTD has grown by 6.76 % Compared to previous Financial Year. |
| Dividend Coverage Ratio with value of 13.21 was highest in Year Mar-22 in last Five Years. |
| Dividend Coverage Ratio with value of 4.20 was lowest in Year Mar-24 in last Five Years. |
| Latest Dividend Coverage Ratio with value of 4.48 is lower than Average Dividend Coverage of 8.50 in last five years. |
Other Dividend Coverage Related Info of TFCILTD that may interest you.
Tourism Finance Corporation of India Ltd. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| TFCILTD | 67.18 | 67.38 | 0.297 % | Misc Fin Services |
Defination of Dividend Coverage
The Dividend Coverage Ratio (DCR) measures the number of times a company can pay dividends to its shareholders. Prospective Lenders used this Solvency metric to analyze the strength of the company in making the payments of interest regularly out of net income. more ..
Dividend Coverage Related Ratios
| InterestCoverageRatio | DividendPayoutRatio |
Tsr Stability Index
| Good Stability | Screener |
FY - Historical Dividend Coverage of Tourism Finance Corporation of India Ltd.
| Period | Mar-25 | Mar-24 | Mar-23 | Mar-22 | Mar-21 | Mar-20 | Mar-19 |
|---|---|---|---|---|---|---|---|
| Dividend Coverage | 4.48 | 4.20 | 8.11 | 13.21 | 12.51 | 3.78 | 4.43 |
| Change | 6.76 % | -48.20 % | -38.62 % | 5.66 % | 230.42 % | -14.60 % | 11.14 % |
| Price | 33.97 | 34.20 | 14.19 | 12.02 | 12.32 | 6.77 | 23.77 |
| Price Change | -0.678 % | 141.01 % | 18.05 % | -2.44 % | 81.98 % | -71.52 % | -21.83 % |