Hitachi Energy India Balance Sheet Health
Financial Health criteria checks 5/6
Hitachi Energy India has a total shareholder equity of ₹14.0B and total debt of ₹2.7B, which brings its debt-to-equity ratio to 19.2%. Its total assets and total liabilities are ₹49.5B and ₹35.5B respectively. Hitachi Energy India's EBIT is ₹3.2B making its interest coverage ratio 6.3. It has cash and short-term investments of ₹783.4M.
Key information
19.2%
Debt to equity ratio
₹2.70b
Debt
| Interest coverage ratio | 6.3x |
| Cash | ₹783.40m |
| Equity | ₹14.03b |
| Total liabilities | ₹35.48b |
| Total assets | ₹49.51b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543187's short term assets (₹40.3B) exceed its short term liabilities (₹34.4B).
Long Term Liabilities: 543187's short term assets (₹40.3B) exceed its long term liabilities (₹1.0B).
Debt to Equity History and Analysis
Debt Level: 543187's net debt to equity ratio (13.7%) 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 (42.2%).
Interest Coverage: 543187's interest payments on its debt are well covered by EBIT (6.3x coverage).