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
Is Hero MotoCorp (NSE:HEROMOTOCO) A Risky Investment?
Mar 13
These 4 Measures Indicate That Hero MotoCorp (NSE:HEROMOTOCO) Is Using Debt Reasonably Well
Nov 24Is Hero MotoCorp (NSE:HEROMOTOCO) Using Too Much Debt?
Aug 12Hero MotoCorp (NSE:HEROMOTOCO) Seems To Use Debt Quite Sensibly
Jan 31These 4 Measures Indicate That Hero MotoCorp (NSE:HEROMOTOCO) Is Using Debt Reasonably Well
Sep 22Hero MotoCorp (NSE:HEROMOTOCO) Seems To Use Debt Quite Sensibly
Jun 14Recent updates
Investors Could Be Concerned With Hero MotoCorp's (NSE:HEROMOTOCO) Returns On Capital
Apr 26Many Still Looking Away From Hero MotoCorp Limited (NSE:HEROMOTOCO)
Apr 11Is Hero MotoCorp (NSE:HEROMOTOCO) A Risky Investment?
Mar 13Hero MotoCorp (NSE:HEROMOTOCO) Has Announced That It Will Be Increasing Its Dividend To ₹100.00
Feb 15At ₹4,783, Is Hero MotoCorp Limited (NSE:HEROMOTOCO) Worth Looking At Closely?
Feb 07Be Wary Of Hero MotoCorp (NSE:HEROMOTOCO) And Its Returns On Capital
Jan 24Hero MotoCorp Limited (NSE:HEROMOTOCO) Could Be Riskier Than It Looks
Dec 25Do Hero MotoCorp's (NSE:HEROMOTOCO) Earnings Warrant Your Attention?
Dec 10These 4 Measures Indicate That Hero MotoCorp (NSE:HEROMOTOCO) Is Using Debt Reasonably Well
Nov 24Hero MotoCorp (NSE:HEROMOTOCO) Is Reinvesting At Lower Rates Of Return
Oct 25With EPS Growth And More, Hero MotoCorp (NSE:HEROMOTOCO) Makes An Interesting Case
Aug 30Is Hero MotoCorp (NSE:HEROMOTOCO) Using Too Much Debt?
Aug 12Hero MotoCorp (NSE:HEROMOTOCO) Is Due To Pay A Dividend Of ₹35.00
Jul 22Hero MotoCorp (NSE:HEROMOTOCO) Is Paying Out A Dividend Of ₹35.00
Jul 06Hero MotoCorp's (NSE:HEROMOTOCO) Dividend Will Be ₹35.00
Jun 22Hero MotoCorp (NSE:HEROMOTOCO) Will Pay A Dividend Of ₹35.00
Jun 08Hero MotoCorp (NSE:HEROMOTOCO) Is Due To Pay A Dividend Of ₹35.00
May 21Hero MotoCorp (NSE:HEROMOTOCO) Will Pay A Dividend Of ₹35.00
May 07Hero MotoCorp (NSE:HEROMOTOCO) Seems To Use Debt Quite Sensibly
Jan 31Hero MotoCorp (NSE:HEROMOTOCO) May Have Issues Allocating Its Capital
Jan 09Investors Could Be Concerned With Hero MotoCorp's (NSE:HEROMOTOCO) Returns On Capital
Oct 10These 4 Measures Indicate That Hero MotoCorp (NSE:HEROMOTOCO) Is Using Debt Reasonably Well
Sep 22The Returns On Capital At Hero MotoCorp (NSE:HEROMOTOCO) Don't Inspire Confidence
Jun 29Hero MotoCorp (NSE:HEROMOTOCO) Seems To Use Debt Quite Sensibly
Jun 14Returns On Capital At Hero MotoCorp (NSE:HEROMOTOCO) Paint A Concerning Picture
Mar 21Hero MotoCorp (NSE:HEROMOTOCO) Seems To Use Debt Rather Sparingly
Mar 03Hero MotoCorp (NSE:HEROMOTOCO) Has Announced That Its Dividend Will Be Reduced To ₹60.00
Feb 13Hero MotoCorp (NSE:HEROMOTOCO) Has A Rock Solid Balance Sheet
Nov 28Hero MotoCorp (NSE:HEROMOTOCO) May Have Issues Allocating Its Capital
Nov 10Financial Position Analysis
Short Term Liabilities: HEROMOTOCO's short term assets (₹110.3B) exceed its short term liabilities (₹73.5B).
Long Term Liabilities: HEROMOTOCO's short term assets (₹110.3B) exceed its long term liabilities (₹11.6B).
Debt to Equity History and Analysis
Debt Level: HEROMOTOCO has more cash than its total debt.
Reducing Debt: HEROMOTOCO's debt to equity ratio has increased from 1.5% to 3.7% over the past 5 years.
Debt Coverage: HEROMOTOCO's debt is well covered by operating cash flow (507.3%).
Interest Coverage: HEROMOTOCO earns more interest than it pays, so coverage of interest payments is not a concern.