Hindware Home Innovation Balance Sheet Health
Financial Health criteria checks 3/6
Hindware Home Innovation has a total shareholder equity of ₹6.0B and total debt of ₹10.6B, which brings its debt-to-equity ratio to 177.7%. Its total assets and total liabilities are ₹23.8B and ₹17.8B respectively. Hindware Home Innovation's EBIT is ₹1.8B making its interest coverage ratio 2. It has cash and short-term investments of ₹69.8M.
Key information
177.7%
Debt to equity ratio
₹10.65b
Debt
Interest coverage ratio | 2x |
Cash | ₹69.80m |
Equity | ₹5.99b |
Total liabilities | ₹17.82b |
Total assets | ₹23.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542905's short term assets (₹12.5B) exceed its short term liabilities (₹12.0B).
Long Term Liabilities: 542905's short term assets (₹12.5B) exceed its long term liabilities (₹5.8B).
Debt to Equity History and Analysis
Debt Level: 542905's net debt to equity ratio (176.5%) is considered high.
Reducing Debt: 542905's debt to equity ratio has increased from 118% to 177.7% over the past 5 years.
Debt Coverage: 542905's debt is well covered by operating cash flow (24.2%).
Interest Coverage: 542905's interest payments on its debt are not well covered by EBIT (2x coverage).