Havells India Balance Sheet Health
Financial Health criteria checks 5/6
Havells India has a total shareholder equity of ₹69.0B and total debt of ₹2.7B, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are ₹110.2B and ₹41.2B respectively. Havells India's EBIT is ₹14.1B making its interest coverage ratio -15.4. It has cash and short-term investments of ₹23.1B.
Key information
3.9%
Debt to equity ratio
₹2.68b
Debt
Interest coverage ratio | -15.4x |
Cash | ₹23.10b |
Equity | ₹68.99b |
Total liabilities | ₹41.19b |
Total assets | ₹110.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 517354's short term assets (₹67.0B) exceed its short term liabilities (₹33.9B).
Long Term Liabilities: 517354's short term assets (₹67.0B) exceed its long term liabilities (₹7.3B).
Debt to Equity History and Analysis
Debt Level: 517354 has more cash than its total debt.
Reducing Debt: 517354's debt to equity ratio has increased from 0.2% to 3.9% over the past 5 years.
Debt Coverage: 517354's debt is well covered by operating cash flow (547.5%).
Interest Coverage: 517354 earns more interest than it pays, so coverage of interest payments is not a concern.