HBL Engineering Balance Sheet Health
Financial Health criteria checks 6/6
HBL Engineering has a total shareholder equity of ₹13.7B and total debt of ₹559.3M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are ₹18.4B and ₹4.7B respectively. HBL Engineering's EBIT is ₹4.2B making its interest coverage ratio 269.6. It has cash and short-term investments of ₹2.1B.
Key information
4.1%
Debt to equity ratio
₹559.28m
Debt
| Interest coverage ratio | 269.6x |
| Cash | ₹2.10b |
| Equity | ₹13.73b |
| Total liabilities | ₹4.70b |
| Total assets | ₹18.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 517271's short term assets (₹11.7B) exceed its short term liabilities (₹4.4B).
Long Term Liabilities: 517271's short term assets (₹11.7B) exceed its long term liabilities (₹299.9M).
Debt to Equity History and Analysis
Debt Level: 517271 has more cash than its total debt.
Reducing Debt: 517271's debt to equity ratio has reduced from 24.3% to 4.1% over the past 5 years.
Debt Coverage: 517271's debt is well covered by operating cash flow (490.8%).
Interest Coverage: 517271's interest payments on its debt are well covered by EBIT (269.6x coverage).