Honda India Power Products Balance Sheet Health
Financial Health criteria checks 5/6
Honda India Power Products has a total shareholder equity of ₹7.7B and total debt of ₹5.1M, which brings its debt-to-equity ratio to 0.07%. Its total assets and total liabilities are ₹9.4B and ₹1.8B respectively. Honda India Power Products's EBIT is ₹956.5M making its interest coverage ratio -6. It has cash and short-term investments of ₹4.8B.
Key information
0.07%
Debt to equity ratio
₹5.10m
Debt
Interest coverage ratio | -6x |
Cash | ₹4.78b |
Equity | ₹7.68b |
Total liabilities | ₹1.76b |
Total assets | ₹9.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 522064's short term assets (₹7.8B) exceed its short term liabilities (₹1.7B).
Long Term Liabilities: 522064's short term assets (₹7.8B) exceed its long term liabilities (₹13.2M).
Debt to Equity History and Analysis
Debt Level: 522064 has more cash than its total debt.
Reducing Debt: 522064's debt to equity ratio has increased from 0% to 0.07% over the past 5 years.
Debt Coverage: 522064's debt is well covered by operating cash flow (19907.8%).
Interest Coverage: 522064 earns more interest than it pays, so coverage of interest payments is not a concern.