Hercules Hoists Balance Sheet Health
Financial Health criteria checks 5/6
Hercules Hoists has a total shareholder equity of ₹8.1B and total debt of ₹61.0M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are ₹8.9B and ₹766.1M respectively. Hercules Hoists's EBIT is ₹158.6M making its interest coverage ratio -1.7. It has cash and short-term investments of ₹830.4M.
Key information
0.8%
Debt to equity ratio
₹61.01m
Debt
Interest coverage ratio | -1.7x |
Cash | ₹830.37m |
Equity | ₹8.09b |
Total liabilities | ₹766.11m |
Total assets | ₹8.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505720's short term assets (₹1.4B) exceed its short term liabilities (₹264.4M).
Long Term Liabilities: 505720's short term assets (₹1.4B) exceed its long term liabilities (₹501.7M).
Debt to Equity History and Analysis
Debt Level: 505720 has more cash than its total debt.
Reducing Debt: 505720's debt to equity ratio has increased from 0% to 0.8% over the past 5 years.
Debt Coverage: 505720's debt is well covered by operating cash flow (285.9%).
Interest Coverage: 505720 earns more interest than it pays, so coverage of interest payments is not a concern.