Hindware Home Innovation Balance Sheet Health
Financial Health criteria checks 2/6
Hindware Home Innovation has a total shareholder equity of ₹5.8B and total debt of ₹8.7B, which brings its debt-to-equity ratio to 148.3%. Its total assets and total liabilities are ₹25.0B and ₹19.2B respectively. Hindware Home Innovation's EBIT is ₹885.8M making its interest coverage ratio 0.9. It has cash and short-term investments of ₹59.1M.
Key information
148.3%
Debt to equity ratio
₹8.67b
Debt
| Interest coverage ratio | 0.9x |
| Cash | ₹59.10m |
| Equity | ₹5.84b |
| Total liabilities | ₹19.19b |
| Total assets | ₹25.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 542905's short term assets (₹12.5B) do not cover its short term liabilities (₹13.1B).
Long Term Liabilities: 542905's short term assets (₹12.5B) exceed its long term liabilities (₹6.1B).
Debt to Equity History and Analysis
Debt Level: 542905's net debt to equity ratio (147.3%) is considered high.
Reducing Debt: 542905's debt to equity ratio has increased from 100.3% to 148.3% over the past 5 years.
Debt Coverage: 542905's debt is well covered by operating cash flow (36.5%).
Interest Coverage: 542905's interest payments on its debt are not well covered by EBIT (0.9x coverage).