Indian Hume Pipe Balance Sheet Health
Financial Health criteria checks 4/6
Indian Hume Pipe has a total shareholder equity of ₹7.7B and total debt of ₹5.9B, which brings its debt-to-equity ratio to 76.4%. Its total assets and total liabilities are ₹21.1B and ₹13.4B respectively. Indian Hume Pipe's EBIT is ₹1.3B making its interest coverage ratio 2.2. It has cash and short-term investments of ₹478.4M.
Key information
76.4%
Debt to equity ratio
₹5.88b
Debt
Interest coverage ratio | 2.2x |
Cash | ₹478.36m |
Equity | ₹7.70b |
Total liabilities | ₹13.37b |
Total assets | ₹21.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 504741's short term assets (₹18.2B) exceed its short term liabilities (₹12.5B).
Long Term Liabilities: 504741's short term assets (₹18.2B) exceed its long term liabilities (₹881.0M).
Debt to Equity History and Analysis
Debt Level: 504741's net debt to equity ratio (70.1%) is considered high.
Reducing Debt: 504741's debt to equity ratio has reduced from 94% to 76.4% over the past 5 years.
Debt Coverage: 504741's debt is well covered by operating cash flow (20.9%).
Interest Coverage: 504741's interest payments on its debt are not well covered by EBIT (2.2x coverage).