Hindustan Hardy Balance Sheet Health
Financial Health criteria checks 6/6
Hindustan Hardy has a total shareholder equity of ₹208.1M and total debt of ₹32.2M, which brings its debt-to-equity ratio to 15.5%. Its total assets and total liabilities are ₹392.5M and ₹184.5M respectively. Hindustan Hardy's EBIT is ₹69.9M making its interest coverage ratio 91.4. It has cash and short-term investments of ₹50.9M.
Key information
15.5%
Debt to equity ratio
₹32.19m
Debt
Interest coverage ratio | 91.4x |
Cash | ₹50.91m |
Equity | ₹208.05m |
Total liabilities | ₹184.45m |
Total assets | ₹392.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505893's short term assets (₹293.7M) exceed its short term liabilities (₹158.0M).
Long Term Liabilities: 505893's short term assets (₹293.7M) exceed its long term liabilities (₹26.4M).
Debt to Equity History and Analysis
Debt Level: 505893 has more cash than its total debt.
Reducing Debt: 505893's debt to equity ratio has reduced from 57.3% to 15.5% over the past 5 years.
Debt Coverage: 505893's debt is well covered by operating cash flow (317.6%).
Interest Coverage: 505893's interest payments on its debt are well covered by EBIT (91.4x coverage).