Hardwyn India Balance Sheet Health
Financial Health criteria checks 5/6
Hardwyn India has a total shareholder equity of ₹3.9B and total debt of ₹55.2M, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are ₹4.6B and ₹665.7M respectively. Hardwyn India's EBIT is ₹193.3M making its interest coverage ratio 17. It has cash and short-term investments of ₹11.5M.
Key information
1.4%
Debt to equity ratio
₹55.17m
Debt
| Interest coverage ratio | 17x |
| Cash | ₹11.53m |
| Equity | ₹3.93b |
| Total liabilities | ₹665.68m |
| Total assets | ₹4.59b |
Recent financial health updates
No updates
Recent updates
Hardwyn India (NSE:HARDWYN) Is Doing The Right Things To Multiply Its Share Price
Oct 27
Market Participants Recognise Hardwyn India Limited's (NSE:HARDWYN) Revenues Pushing Shares 27% Higher
Sep 13Hardwyn India (NSE:HARDWYN) Shareholders Will Want The ROCE Trajectory To Continue
Jun 14Revenues Tell The Story For Hardwyn India Limited (NSE:HARDWYN)
Feb 19Hardwyn India (NSE:HARDWYN) Is Doing The Right Things To Multiply Its Share Price
Jan 13With EPS Growth And More, Hardwyn India (NSE:HARDWYN) Makes An Interesting Case
Jun 27Hardwyn India Limited's (NSE:HARDWYN) P/E Still Appears To Be Reasonable
Jul 12Financial Position Analysis
Short Term Liabilities: HARDWYN's short term assets (₹1.1B) exceed its short term liabilities (₹658.5M).
Long Term Liabilities: HARDWYN's short term assets (₹1.1B) exceed its long term liabilities (₹7.2M).
Debt to Equity History and Analysis
Debt Level: HARDWYN's net debt to equity ratio (1.1%) is considered satisfactory.
Reducing Debt: HARDWYN's debt to equity ratio has increased from 0% to 1.4% over the past 5 years.
Debt Coverage: HARDWYN's debt is well covered by operating cash flow (87.4%).
Interest Coverage: HARDWYN's interest payments on its debt are well covered by EBIT (17x coverage).