HPL Electric & Power Balance Sheet Health
Financial Health criteria checks 2/6
HPL Electric & Power has a total shareholder equity of ₹8.1B and total debt of ₹6.4B, which brings its debt-to-equity ratio to 78.6%. Its total assets and total liabilities are ₹17.9B and ₹9.8B respectively. HPL Electric & Power's EBIT is ₹1.5B making its interest coverage ratio 2.1. It has cash and short-term investments of ₹659.8M.
Key information
78.6%
Debt to equity ratio
₹6.39b
Debt
Interest coverage ratio | 2.1x |
Cash | ₹659.78m |
Equity | ₹8.13b |
Total liabilities | ₹9.77b |
Total assets | ₹17.90b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540136's short term assets (₹12.9B) exceed its short term liabilities (₹8.7B).
Long Term Liabilities: 540136's short term assets (₹12.9B) exceed its long term liabilities (₹1.0B).
Debt to Equity History and Analysis
Debt Level: 540136's net debt to equity ratio (70.5%) is considered high.
Reducing Debt: 540136's debt to equity ratio has increased from 77.2% to 78.6% over the past 5 years.
Debt Coverage: 540136's debt is not well covered by operating cash flow (14.2%).
Interest Coverage: 540136's interest payments on its debt are not well covered by EBIT (2.1x coverage).