Indian Hume Pipe Balance Sheet Health
Financial Health criteria checks 4/6
Indian Hume Pipe has a total shareholder equity of ₹8.7B and total debt of ₹6.0B, which brings its debt-to-equity ratio to 69%. Its total assets and total liabilities are ₹22.9B and ₹14.3B respectively. Indian Hume Pipe's EBIT is ₹1.9B making its interest coverage ratio 3.7. It has cash and short-term investments of ₹480.0M.
Key information
69.0%
Debt to equity ratio
₹5.97b
Debt
| Interest coverage ratio | 3.7x |
| Cash | ₹479.96m |
| Equity | ₹8.65b |
| Total liabilities | ₹14.25b |
| Total assets | ₹22.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 504741's short term assets (₹20.2B) exceed its short term liabilities (₹13.5B).
Long Term Liabilities: 504741's short term assets (₹20.2B) exceed its long term liabilities (₹796.9M).
Debt to Equity History and Analysis
Debt Level: 504741's net debt to equity ratio (63.4%) is considered high.
Reducing Debt: 504741's debt to equity ratio has reduced from 131% to 69% over the past 5 years.
Debt Coverage: 504741's debt is not well covered by operating cash flow (13%).
Interest Coverage: 504741's interest payments on its debt are well covered by EBIT (3.7x coverage).