HEG Balance Sheet Health
Financial Health criteria checks 5/6
HEG has a total shareholder equity of ₹43.5B and total debt of ₹6.9B, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are ₹56.8B and ₹13.3B respectively. HEG's EBIT is ₹3.1B making its interest coverage ratio -16.7. It has cash and short-term investments of ₹7.6B.
Key information
15.8%
Debt to equity ratio
₹6.86b
Debt
Interest coverage ratio | -16.7x |
Cash | ₹7.58b |
Equity | ₹43.49b |
Total liabilities | ₹13.29b |
Total assets | ₹56.78b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 509631's short term assets (₹26.2B) exceed its short term liabilities (₹12.3B).
Long Term Liabilities: 509631's short term assets (₹26.2B) exceed its long term liabilities (₹1.0B).
Debt to Equity History and Analysis
Debt Level: 509631 has more cash than its total debt.
Reducing Debt: 509631's debt to equity ratio has increased from 14.2% to 15.8% over the past 5 years.
Debt Coverage: 509631's debt is well covered by operating cash flow (54.4%).
Interest Coverage: 509631 earns more interest than it pays, so coverage of interest payments is not a concern.