Hindustan Composites Balance Sheet Health
Financial Health criteria checks 6/6
Hindustan Composites has a total shareholder equity of ₹9.5B and total debt of ₹13.5M, which brings its debt-to-equity ratio to 0.1%. Its total assets and total liabilities are ₹10.4B and ₹981.9M respectively. Hindustan Composites's EBIT is ₹429.8M making its interest coverage ratio -339.7. It has cash and short-term investments of ₹489.9M.
Key information
0.1%
Debt to equity ratio
₹13.50m
Debt
| Interest coverage ratio | -339.7x |
| Cash | ₹489.90m |
| Equity | ₹9.47b |
| Total liabilities | ₹981.90m |
| Total assets | ₹10.45b |
Recent financial health updates
No updates
Recent updates
Shareholders May Be More Conservative With Hindustan Composites Limited's (NSE:HINDCOMPOS) CEO Compensation For Now
Sep 23
Hindustan Composites' (NSE:HINDCOMPOS) Dividend Will Be ₹2.00
Sep 07Here's What To Make Of Hindustan Composites' (NSE:HINDCOMPOS) Decelerating Rates Of Return
Aug 11We Think Hindustan Composites Limited's (NSE:HINDCOMPOS) CEO Compensation Looks Fair
Sep 23The Returns At Hindustan Composites (NSE:HINDCOMPOS) Aren't Growing
Sep 09Capital Allocation Trends At Hindustan Composites (NSE:HINDCOMPOS) Aren't Ideal
Feb 17Hindustan Composites (NSE:HINDCOMPOS) Has Affirmed Its Dividend Of ₹2.00
Sep 20Hindustan Composites (NSE:HINDCOMPOS) Will Pay A Dividend Of ₹2.00
Sep 06Hindustan Composites (NSE:HINDCOMPOS) Might Be Having Difficulty Using Its Capital Effectively
Jun 06Tread With Caution Around Hindustan Composites Limited's (NSE:HINDCOMPOS) 0.7% Dividend Yield
Apr 03Our Take On The Returns On Capital At Hindustan Composites (NSE:HINDCOMPOS)
Feb 19Investors Who Bought Hindustan Composites (NSE:HINDCOMPOS) Shares A Year Ago Are Now Up 47%
Jan 29Read This Before Buying Hindustan Composites Limited (NSE:HINDCOMPOS) For Its Dividend
Jan 03
We're Not Counting On Hindustan Composites (NSE:HINDCOMPOS) To Sustain Its Statutory Profitability
Nov 29Financial Position Analysis
Short Term Liabilities: HINDCOMPOS's short term assets (₹1.2B) exceed its short term liabilities (₹569.1M).
Long Term Liabilities: HINDCOMPOS's short term assets (₹1.2B) exceed its long term liabilities (₹412.8M).
Debt to Equity History and Analysis
Debt Level: HINDCOMPOS has more cash than its total debt.
Reducing Debt: HINDCOMPOS's debt to equity ratio has reduced from 0.5% to 0.1% over the past 5 years.
Debt Coverage: HINDCOMPOS's debt is well covered by operating cash flow (2994.5%).
Interest Coverage: HINDCOMPOS earns more interest than it pays, so coverage of interest payments is not a concern.