Havells India Balance Sheet Health
Financial Health criteria checks 6/6
Havells India has a total shareholder equity of ₹78.1B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹128.4B and ₹50.3B respectively. Havells India's EBIT is ₹16.5B making its interest coverage ratio -10.9. It has cash and short-term investments of ₹31.9B.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -10.9x |
| Cash | ₹31.88b |
| Equity | ₹78.09b |
| Total liabilities | ₹50.34b |
| Total assets | ₹128.43b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 517354's short term assets (₹80.9B) exceed its short term liabilities (₹43.2B).
Long Term Liabilities: 517354's short term assets (₹80.9B) exceed its long term liabilities (₹7.2B).
Debt to Equity History and Analysis
Debt Level: 517354 is debt free.
Reducing Debt: 517354 has no debt compared to 5 years ago when its debt to equity ratio was 0.3%.
Debt Coverage: 517354 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 517354 has no debt, therefore coverage of interest payments is not a concern.