Hexa Tradex Balance Sheet Health
Financial Health criteria checks 5/6
Hexa Tradex has a total shareholder equity of ₹31.3B and total debt of ₹430.5M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are ₹38.9B and ₹7.6B respectively. Hexa Tradex's EBIT is ₹1.3B making its interest coverage ratio 5.2. It has cash and short-term investments of ₹3.1M.
Key information
1.4%
Debt to equity ratio
₹430.48m
Debt
Interest coverage ratio | 5.2x |
Cash | ₹3.06m |
Equity | ₹31.28b |
Total liabilities | ₹7.58b |
Total assets | ₹38.86b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 534328's short term assets (₹333.9M) exceed its short term liabilities (₹116.8M).
Long Term Liabilities: 534328's short term assets (₹333.9M) do not cover its long term liabilities (₹7.5B).
Debt to Equity History and Analysis
Debt Level: 534328's net debt to equity ratio (1.4%) is considered satisfactory.
Reducing Debt: 534328's debt to equity ratio has reduced from 7.7% to 1.4% over the past 5 years.
Debt Coverage: 534328's debt is well covered by operating cash flow (212.5%).
Interest Coverage: 534328's interest payments on its debt are well covered by EBIT (5.2x coverage).