HEC Infra Projects Balance Sheet Health
Financial Health criteria checks 5/6
HEC Infra Projects has a total shareholder equity of ₹348.6M and total debt of ₹302.1M, which brings its debt-to-equity ratio to 86.7%. Its total assets and total liabilities are ₹790.0M and ₹441.3M respectively. HEC Infra Projects's EBIT is ₹89.3M making its interest coverage ratio 6. It has cash and short-term investments of ₹37.1M.
Key information
86.7%
Debt to equity ratio
₹302.11m
Debt
| Interest coverage ratio | 6x |
| Cash | ₹37.10m |
| Equity | ₹348.62m |
| Total liabilities | ₹441.34m |
| Total assets | ₹789.96m |
Recent financial health updates
Recent updates
Should You Be Adding HEC Infra Projects (NSE:HECPROJECT) To Your Watchlist Today?
Sep 08
HEC Infra Projects (NSE:HECPROJECT) Has A Pretty Healthy Balance Sheet
Jul 13Even With A 29% Surge, Cautious Investors Are Not Rewarding HEC Infra Projects Limited's (NSE:HECPROJECT) Performance Completely
Jun 12Here's Why We Think HEC Infra Projects (NSE:HECPROJECT) Is Well Worth Watching
Apr 07HEC Infra Projects Limited (NSE:HECPROJECT) Stocks Shoot Up 36% But Its P/E Still Looks Reasonable
Dec 18If EPS Growth Is Important To You, HEC Infra Projects (NSE:HECPROJECT) Presents An Opportunity
Nov 17Should You Be Adding HEC Infra Projects (NSE:HECPROJECT) To Your Watchlist Today?
Aug 19Here's Why We Think HEC Infra Projects (NSE:HECPROJECT) Might Deserve Your Attention Today
May 04Some Confidence Is Lacking In HEC Infra Projects Limited (NSE:HECPROJECT) As Shares Slide 25%
Jul 17Financial Position Analysis
Short Term Liabilities: HECPROJECT's short term assets (₹696.3M) exceed its short term liabilities (₹193.6M).
Long Term Liabilities: HECPROJECT's short term assets (₹696.3M) exceed its long term liabilities (₹247.7M).
Debt to Equity History and Analysis
Debt Level: HECPROJECT's net debt to equity ratio (76%) is considered high.
Reducing Debt: HECPROJECT's debt to equity ratio has reduced from 124.7% to 86.7% over the past 5 years.
Debt Coverage: HECPROJECT's debt is well covered by operating cash flow (23.3%).
Interest Coverage: HECPROJECT's interest payments on its debt are well covered by EBIT (6x coverage).