Hitachi Energy India Balance Sheet Health
Financial Health criteria checks 5/6
Hitachi Energy India has a total shareholder equity of ₹12.2B and total debt of ₹3.4B, which brings its debt-to-equity ratio to 27.6%. Its total assets and total liabilities are ₹40.3B and ₹28.1B respectively. Hitachi Energy India's EBIT is ₹2.0B making its interest coverage ratio 4.4. It has cash and short-term investments of ₹1.5B.
Key information
27.6%
Debt to equity ratio
₹3.38b
Debt
Interest coverage ratio | 4.4x |
Cash | ₹1.51b |
Equity | ₹12.25b |
Total liabilities | ₹28.08b |
Total assets | ₹40.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543187's short term assets (₹31.9B) exceed its short term liabilities (₹27.6B).
Long Term Liabilities: 543187's short term assets (₹31.9B) exceed its long term liabilities (₹503.8M).
Debt to Equity History and Analysis
Debt Level: 543187's net debt to equity ratio (15.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 543187's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543187's debt is well covered by operating cash flow (46.9%).
Interest Coverage: 543187's interest payments on its debt are well covered by EBIT (4.4x coverage).