Hercules Hoists Balance Sheet Health
Financial Health criteria checks 5/6
Hercules Hoists has a total shareholder equity of ₹8.7B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹9.7B and ₹953.8M respectively. Hercules Hoists's EBIT is ₹271.4M making its interest coverage ratio -2.7. It has cash and short-term investments of ₹102.9M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -2.7x |
| Cash | ₹102.86m |
| Equity | ₹8.73b |
| Total liabilities | ₹953.76m |
| Total assets | ₹9.68b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505720's short term assets (₹104.8M) exceed its short term liabilities (₹19.1M).
Long Term Liabilities: 505720's short term assets (₹104.8M) do not cover its long term liabilities (₹934.6M).
Debt to Equity History and Analysis
Debt Level: 505720 is debt free.
Reducing Debt: 505720 had no debt 5 years ago.
Debt Coverage: 505720 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 505720 has no debt, therefore coverage of interest payments is not a concern.