Hindustan Hardy Balance Sheet Health
Financial Health criteria checks 6/6
Hindustan Hardy has a total shareholder equity of ₹257.7M and total debt of ₹43.2M, which brings its debt-to-equity ratio to 16.7%. Its total assets and total liabilities are ₹484.5M and ₹226.8M respectively. Hindustan Hardy's EBIT is ₹68.8M making its interest coverage ratio 123.4. It has cash and short-term investments of ₹38.2M.
Key information
16.7%
Debt to equity ratio
₹43.15m
Debt
| Interest coverage ratio | 123.4x |
| Cash | ₹38.18m |
| Equity | ₹257.72m |
| Total liabilities | ₹226.78m |
| Total assets | ₹484.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505893's short term assets (₹351.0M) exceed its short term liabilities (₹205.9M).
Long Term Liabilities: 505893's short term assets (₹351.0M) exceed its long term liabilities (₹20.9M).
Debt to Equity History and Analysis
Debt Level: 505893's net debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: 505893's debt to equity ratio has reduced from 54.6% to 16.7% over the past 5 years.
Debt Coverage: 505893's debt is well covered by operating cash flow (59.5%).
Interest Coverage: 505893's interest payments on its debt are well covered by EBIT (123.4x coverage).