Hero MotoCorp Balance Sheet Health
Financial Health criteria checks 5/6
Hero MotoCorp has a total shareholder equity of ₹191.3B and total debt of ₹3.6B, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are ₹292.6B and ₹101.3B respectively. Hero MotoCorp's EBIT is ₹49.7B making its interest coverage ratio -18.5. It has cash and short-term investments of ₹75.1B.
Key information
1.9%
Debt to equity ratio
₹3.57b
Debt
| Interest coverage ratio | -18.5x |
| Cash | ₹75.07b |
| Equity | ₹191.34b |
| Total liabilities | ₹101.27b |
| Total assets | ₹292.61b |
Recent financial health updates
These 4 Measures Indicate That Hero MotoCorp (NSE:HEROMOTOCO) Is Using Debt Safely
Nov 22
Is Hero MotoCorp (NSE:HEROMOTOCO) A Risky Investment?
Mar 13Recent updates
Is There Now An Opportunity In Hero MotoCorp Limited (NSE:HEROMOTOCO)?
Dec 19Investors Don't See Light At End Of Hero MotoCorp Limited's (NSE:HEROMOTOCO) Tunnel
Dec 06These 4 Measures Indicate That Hero MotoCorp (NSE:HEROMOTOCO) Is Using Debt Safely
Nov 22Hero MotoCorp (NSE:HEROMOTOCO) Is Reinvesting To Multiply In Value
Nov 09Should You Be Adding Hero MotoCorp (NSE:HEROMOTOCO) To Your Watchlist Today?
Sep 24Is There Now An Opportunity In Hero MotoCorp Limited (NSE:HEROMOTOCO)?
Sep 11Hero MotoCorp Limited's (NSE:HEROMOTOCO) Prospects Need A Boost To Lift Shares
Aug 28Hero MotoCorp (NSE:HEROMOTOCO) Will Be Hoping To Turn Its Returns On Capital Around
Aug 09Investors Shouldn't Be Too Comfortable With Hero MotoCorp's (NSE:HEROMOTOCO) Earnings
Jul 27Hero MotoCorp (NSE:HEROMOTOCO) Has Announced A Dividend Of ₹40.00
Jul 23Hero MotoCorp (NSE:HEROMOTOCO) Is Due To Pay A Dividend Of ₹40.00
Jun 28Hero MotoCorp (NSE:HEROMOTOCO) Has Announced A Dividend Of ₹40.00
Jun 05We Ran A Stock Scan For Earnings Growth And Hero MotoCorp (NSE:HEROMOTOCO) Passed With Ease
May 25Hero MotoCorp (NSE:HEROMOTOCO) Has Announced A Dividend Of ₹40.00
May 11Investors 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 24Financial Position Analysis
Short Term Liabilities: HEROMOTOCO's short term assets (₹143.1B) exceed its short term liabilities (₹87.0B).
Long Term Liabilities: HEROMOTOCO's short term assets (₹143.1B) exceed its long term liabilities (₹14.2B).
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 1.6% to 1.9% over the past 5 years.
Debt Coverage: HEROMOTOCO's debt is well covered by operating cash flow (1872.6%).
Interest Coverage: HEROMOTOCO earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/25 23:04 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hero MotoCorp Limited is covered by 88 analysts. 36 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Piyush Parag | Almondz Global Securities Ltd |
| Jinesh Gandhi | Ambit Capital |
| null null | Anand Rathi Shares and Stock Brokers Limited |