Hero MotoCorp Balance Sheet Health
Financial Health criteria checks 5/6
Hero MotoCorp has a total shareholder equity of ₹191.3B and total debt of ₹3.6B, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are ₹292.6B and ₹101.3B respectively. Hero MotoCorp's EBIT is ₹49.7B making its interest coverage ratio -18.5. It has cash and short-term investments of ₹75.1B.
Key information
1.9%
Debt to equity ratio
₹3.57b
Debt
| Interest coverage ratio | -18.5x |
| Cash | ₹75.07b |
| Equity | ₹191.34b |
| Total liabilities | ₹101.27b |
| Total assets | ₹292.61b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500182's short term assets (₹143.1B) exceed its short term liabilities (₹87.0B).
Long Term Liabilities: 500182's short term assets (₹143.1B) exceed its long term liabilities (₹14.2B).
Debt to Equity History and Analysis
Debt Level: 500182 has more cash than its total debt.
Reducing Debt: 500182's debt to equity ratio has increased from 1.6% to 1.9% over the past 5 years.
Debt Coverage: 500182's debt is well covered by operating cash flow (1872.6%).
Interest Coverage: 500182 earns more interest than it pays, so coverage of interest payments is not a concern.