Harshil Agrotech Balance Sheet Health
Financial Health criteria checks 5/6
Harshil Agrotech has a total shareholder equity of ₹611.2M and total debt of ₹5.5M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are ₹630.6M and ₹19.4M respectively. Harshil Agrotech's EBIT is ₹65.0M making its interest coverage ratio -67.7. It has cash and short-term investments of ₹85.8M.
Key information
0.9%
Debt to equity ratio
₹5.46m
Debt
| Interest coverage ratio | -67.7x |
| Cash | ₹85.76m |
| Equity | ₹611.17m |
| Total liabilities | ₹19.42m |
| Total assets | ₹630.59m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505336's short term assets (₹581.2M) exceed its short term liabilities (₹14.0M).
Long Term Liabilities: 505336's short term assets (₹581.2M) exceed its long term liabilities (₹5.5M).
Debt to Equity History and Analysis
Debt Level: 505336 has more cash than its total debt.
Reducing Debt: 505336 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 505336's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 505336 earns more interest than it pays, so coverage of interest payments is not a concern.