Hardwyn India Balance Sheet Health
Financial Health criteria checks 5/6
Hardwyn India has a total shareholder equity of ₹3.8B and total debt of ₹51.1M, which brings its debt-to-equity ratio to 1.3%. Its total assets and total liabilities are ₹4.3B and ₹477.2M respectively. Hardwyn India's EBIT is ₹177.8M making its interest coverage ratio 21.5. It has cash and short-term investments of ₹14.8M.
Key information
1.3%
Debt to equity ratio
₹51.15m
Debt
Interest coverage ratio | 21.5x |
Cash | ₹14.78m |
Equity | ₹3.80b |
Total liabilities | ₹477.22m |
Total assets | ₹4.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 541276's short term assets (₹806.4M) exceed its short term liabilities (₹476.8M).
Long Term Liabilities: 541276's short term assets (₹806.4M) exceed its long term liabilities (₹449.0K).
Debt to Equity History and Analysis
Debt Level: 541276's net debt to equity ratio (1%) is considered satisfactory.
Reducing Debt: 541276's debt to equity ratio has reduced from 47% to 1.3% over the past 5 years.
Debt Coverage: 541276's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 541276's interest payments on its debt are well covered by EBIT (21.5x coverage).