Harsha Engineers International Balance Sheet Health
Financial Health criteria checks 6/6
Harsha Engineers International has a total shareholder equity of ₹12.3B and total debt of ₹1.8B, which brings its debt-to-equity ratio to 14.5%. Its total assets and total liabilities are ₹16.2B and ₹3.9B respectively. Harsha Engineers International's EBIT is ₹1.5B making its interest coverage ratio -29.8. It has cash and short-term investments of ₹2.9B.
Key information
14.5%
Debt to equity ratio
₹1.79b
Debt
| Interest coverage ratio | -29.8x |
| Cash | ₹2.92b |
| Equity | ₹12.30b |
| Total liabilities | ₹3.93b |
| Total assets | ₹16.23b |
Recent financial health updates
Recent updates
Investors Shouldn't Be Too Comfortable With Harsha Engineers International's (NSE:HARSHA) Earnings
Nov 18
Harsha Engineers International Limited Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Nov 14Earnings Report: Harsha Engineers International Limited Missed Revenue Estimates By 9.0%
Aug 10Here's What's Concerning About Harsha Engineers International's (NSE:HARSHA) Returns On Capital
Jul 16Investors Appear Satisfied With Harsha Engineers International Limited's (NSE:HARSHA) Prospects As Shares Rocket 26%
Jun 09Is Harsha Engineers International (NSE:HARSHA) Using Too Much Debt?
May 22Harsha Engineers International Limited's (NSE:HARSHA) Price In Tune With Earnings
Apr 04Harsha Engineers International Limited Just Beat EPS By 15%: Here's What Analysts Think Will Happen Next
May 30Optimistic Investors Push Harsha Engineers International Limited (NSE:HARSHA) Shares Up 26% But Growth Is Lacking
Apr 13Financial Position Analysis
Short Term Liabilities: HARSHA's short term assets (₹10.5B) exceed its short term liabilities (₹3.5B).
Long Term Liabilities: HARSHA's short term assets (₹10.5B) exceed its long term liabilities (₹444.4M).
Debt to Equity History and Analysis
Debt Level: HARSHA has more cash than its total debt.
Reducing Debt: HARSHA's debt to equity ratio has reduced from 216.2% to 14.5% over the past 5 years.
Debt Coverage: HARSHA's debt is well covered by operating cash flow (57.3%).
Interest Coverage: HARSHA earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 04:18 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Harsha Engineers International Limited is covered by 8 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | CNI Research Limited |
| null null | Equirus Securities Private Limited |
| Harshit Patel | Equirus Securities Private Limited |