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 13These 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 22Recent updates
These 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 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 14Financial 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.