HEG Balance Sheet Health
Financial Health criteria checks 6/6
HEG has a total shareholder equity of ₹44.5B and total debt of ₹5.6B, which brings its debt-to-equity ratio to 12.6%. Its total assets and total liabilities are ₹56.5B and ₹12.1B respectively. HEG's EBIT is ₹728.9M making its interest coverage ratio -7.7. It has cash and short-term investments of ₹4.6B.
Key information
12.6%
Debt to equity ratio
₹5.61b
Debt
| Interest coverage ratio | -7.7x |
| Cash | ₹4.61b |
| Equity | ₹44.45b |
| Total liabilities | ₹12.06b |
| Total assets | ₹56.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 509631's short term assets (₹23.8B) exceed its short term liabilities (₹10.9B).
Long Term Liabilities: 509631's short term assets (₹23.8B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: 509631's net debt to equity ratio (2.3%) is considered satisfactory.
Reducing Debt: 509631's debt to equity ratio has reduced from 16% to 12.6% over the past 5 years.
Debt Coverage: 509631's debt is well covered by operating cash flow (53.4%).
Interest Coverage: 509631 earns more interest than it pays, so coverage of interest payments is not a concern.