Hindustan Composites Balance Sheet Health
Financial Health criteria checks 6/6
Hindustan Composites has a total shareholder equity of ₹10.8B and total debt of ₹700.0K, which brings its debt-to-equity ratio to 0.01%. Its total assets and total liabilities are ₹11.9B and ₹1.1B respectively. Hindustan Composites's EBIT is ₹404.9M making its interest coverage ratio -210.5. It has cash and short-term investments of ₹259.7M.
Key information
0.006%
Debt to equity ratio
₹700.00k
Debt
| Interest coverage ratio | -210.5x |
| Cash | ₹259.70m |
| Equity | ₹10.77b |
| Total liabilities | ₹1.12b |
| Total assets | ₹11.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 509635's short term assets (₹1.0B) exceed its short term liabilities (₹570.7M).
Long Term Liabilities: 509635's short term assets (₹1.0B) exceed its long term liabilities (₹553.6M).
Debt to Equity History and Analysis
Debt Level: 509635 has more cash than its total debt.
Reducing Debt: 509635's debt to equity ratio has reduced from 0.1% to 0.01% over the past 5 years.
Debt Coverage: 509635's debt is well covered by operating cash flow (47625.3%).
Interest Coverage: 509635 earns more interest than it pays, so coverage of interest payments is not a concern.