Harsha Engineers International Balance Sheet Health
Financial Health criteria checks 6/6
Harsha Engineers International has a total shareholder equity of ₹11.8B and total debt of ₹1.8B, which brings its debt-to-equity ratio to 15%. Its total assets and total liabilities are ₹15.7B and ₹3.9B respectively. Harsha Engineers International's EBIT is ₹1.4B making its interest coverage ratio 13.5. It has cash and short-term investments of ₹3.2B.
Key information
15.0%
Debt to equity ratio
₹1.77b
Debt
| Interest coverage ratio | 13.5x |
| Cash | ₹3.18b |
| Equity | ₹11.75b |
| Total liabilities | ₹3.91b |
| Total assets | ₹15.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543600's short term assets (₹10.6B) exceed its short term liabilities (₹3.7B).
Long Term Liabilities: 543600's short term assets (₹10.6B) exceed its long term liabilities (₹263.1M).
Debt to Equity History and Analysis
Debt Level: 543600 has more cash than its total debt.
Reducing Debt: 543600's debt to equity ratio has reduced from 167.2% to 15% over the past 5 years.
Debt Coverage: 543600's debt is well covered by operating cash flow (76.9%).
Interest Coverage: 543600's interest payments on its debt are well covered by EBIT (13.5x coverage).