Hind Rectifiers Balance Sheet Health
Financial Health criteria checks 4/6
Hind Rectifiers has a total shareholder equity of ₹1.2B and total debt of ₹1.4B, which brings its debt-to-equity ratio to 108.5%. Its total assets and total liabilities are ₹3.3B and ₹2.1B respectively. Hind Rectifiers's EBIT is ₹464.7M making its interest coverage ratio 3.5. It has cash and short-term investments of ₹3.3M.
Key information
108.5%
Debt to equity ratio
₹1.35b
Debt
| Interest coverage ratio | 3.5x |
| Cash | ₹3.27m |
| Equity | ₹1.25b |
| Total liabilities | ₹2.06b |
| Total assets | ₹3.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 504036's short term assets (₹2.1B) exceed its short term liabilities (₹1.7B).
Long Term Liabilities: 504036's short term assets (₹2.1B) exceed its long term liabilities (₹335.8M).
Debt to Equity History and Analysis
Debt Level: 504036's net debt to equity ratio (108.2%) is considered high.
Reducing Debt: 504036's debt to equity ratio has increased from 81.5% to 108.5% over the past 5 years.
Debt Coverage: 504036's debt is well covered by operating cash flow (25.1%).
Interest Coverage: 504036's interest payments on its debt are well covered by EBIT (3.5x coverage).