Hero MotoCorp Balance Sheet Health
Financial Health criteria checks 5/6
Hero MotoCorp has a total shareholder equity of ₹178.3B and total debt of ₹6.1B, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are ₹261.5B and ₹83.2B respectively. Hero MotoCorp's EBIT is ₹48.1B making its interest coverage ratio -18.4. It has cash and short-term investments of ₹49.7B.
Key information
3.4%
Debt to equity ratio
₹6.06b
Debt
| Interest coverage ratio | -18.4x |
| Cash | ₹49.74b |
| Equity | ₹178.35b |
| Total liabilities | ₹83.18b |
| Total assets | ₹261.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500182's short term assets (₹103.2B) exceed its short term liabilities (₹70.5B).
Long Term Liabilities: 500182's short term assets (₹103.2B) exceed its long term liabilities (₹12.7B).
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 2.4% to 3.4% over the past 5 years.
Debt Coverage: 500182's debt is well covered by operating cash flow (811.8%).
Interest Coverage: 500182 earns more interest than it pays, so coverage of interest payments is not a concern.