Hero MotoCorp Balance Sheet Health
Financial Health criteria checks 5/6
Hero MotoCorp has a total shareholder equity of ₹178.0B and total debt of ₹6.5B, which brings its debt-to-equity ratio to 3.7%. Its total assets and total liabilities are ₹263.1B and ₹85.1B respectively. Hero MotoCorp's EBIT is ₹43.9B making its interest coverage ratio -22.7. It has cash and short-term investments of ₹36.3B.
Key information
3.7%
Debt to equity ratio
₹6.51b
Debt
Interest coverage ratio | -22.7x |
Cash | ₹36.27b |
Equity | ₹177.99b |
Total liabilities | ₹85.12b |
Total assets | ₹263.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500182's short term assets (₹110.3B) exceed its short term liabilities (₹73.5B).
Long Term Liabilities: 500182's short term assets (₹110.3B) exceed its long term liabilities (₹11.6B).
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 1.5% to 3.7% over the past 5 years.
Debt Coverage: 500182's debt is well covered by operating cash flow (507.3%).
Interest Coverage: 500182 earns more interest than it pays, so coverage of interest payments is not a concern.