Hilton Metal Forging Balance Sheet Health
Financial Health criteria checks 4/6
Hilton Metal Forging has a total shareholder equity of ₹968.6M and total debt of ₹527.4M, which brings its debt-to-equity ratio to 54.5%. Its total assets and total liabilities are ₹1.9B and ₹884.9M respectively. Hilton Metal Forging's EBIT is ₹155.9M making its interest coverage ratio 3.1. It has cash and short-term investments of ₹10.3M.
Key information
54.5%
Debt to equity ratio
₹527.44m
Debt
Interest coverage ratio | 3.1x |
Cash | ₹10.28m |
Equity | ₹968.58m |
Total liabilities | ₹884.90m |
Total assets | ₹1.85b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532847's short term assets (₹1.4B) exceed its short term liabilities (₹722.4M).
Long Term Liabilities: 532847's short term assets (₹1.4B) exceed its long term liabilities (₹162.5M).
Debt to Equity History and Analysis
Debt Level: 532847's net debt to equity ratio (53.4%) is considered high.
Reducing Debt: 532847's debt to equity ratio has reduced from 58.9% to 54.5% over the past 5 years.
Debt Coverage: 532847's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 532847's interest payments on its debt are well covered by EBIT (3.1x coverage).