HEG Balance Sheet Health
Financial Health criteria checks 5/6
HEG has a total shareholder equity of ₹43.5B and total debt of ₹6.9B, which brings its debt-to-equity ratio to 15.8%. Its total assets and total liabilities are ₹56.8B and ₹13.3B respectively. HEG's EBIT is ₹3.1B making its interest coverage ratio -16.7. It has cash and short-term investments of ₹7.6B.
Key information
15.8%
Debt to equity ratio
₹6.86b
Debt
Interest coverage ratio | -16.7x |
Cash | ₹7.58b |
Equity | ₹43.49b |
Total liabilities | ₹13.29b |
Total assets | ₹56.78b |
Recent financial health updates
Here's Why HEG (NSE:HEG) Can Manage Its Debt Responsibly
Jun 17Is HEG (NSE:HEG) Using Too Much Debt?
Feb 14Health Check: How Prudently Does HEG (NSE:HEG) Use Debt?
Aug 23Is HEG (NSE:HEG) Using Debt Sensibly?
Mar 10Does HEG (NSE:HEG) Have A Healthy Balance Sheet?
Dec 10Recent updates
Is Now The Time To Look At Buying HEG Limited (NSE:HEG)?
Apr 30There's No Escaping HEG Limited's (NSE:HEG) Muted Earnings Despite A 25% Share Price Rise
Apr 03Market Still Lacking Some Conviction On HEG Limited (NSE:HEG)
Dec 28HEG (NSE:HEG) Is Increasing Its Dividend To ₹42.50
Aug 16HEG (NSE:HEG) Is Paying Out A Larger Dividend Than Last Year
Aug 02Returns On Capital At HEG (NSE:HEG) Paint A Concerning Picture
Oct 07Here's Why HEG (NSE:HEG) Can Manage Its Debt Responsibly
Jun 17Is HEG (NSE:HEG) Using Too Much Debt?
Feb 14The Return Trends At HEG (NSE:HEG) Look Promising
Jan 13Calculating The Fair Value Of HEG Limited (NSE:HEG)
Sep 29Health Check: How Prudently Does HEG (NSE:HEG) Use Debt?
Aug 23Calculating The Intrinsic Value Of HEG Limited (NSE:HEG)
May 03Is HEG (NSE:HEG) Using Debt Sensibly?
Mar 10Do Institutions Own HEG Limited (NSE:HEG) Shares?
Jan 14Does HEG (NSE:HEG) Have A Healthy Balance Sheet?
Dec 10HEG (NSE:HEG) Has Rewarded Shareholders With An Exceptional 369% Total Return On Their Investment
Nov 11How Many HEG Limited (NSE:HEG) Shares Do Institutions Own?
Sep 19Should You Review Recent Insider Transactions At HEG Limited (NSE:HEG)?
Aug 23HEG Limited's (NSE:HEG) Stock Is Going Strong: Have Financials A Role To Play?
Jul 23Financial Position Analysis
Short Term Liabilities: HEG's short term assets (₹26.2B) exceed its short term liabilities (₹12.3B).
Long Term Liabilities: HEG's short term assets (₹26.2B) exceed its long term liabilities (₹1.0B).
Debt to Equity History and Analysis
Debt Level: HEG has more cash than its total debt.
Reducing Debt: HEG's debt to equity ratio has increased from 14.2% to 15.8% over the past 5 years.
Debt Coverage: HEG's debt is well covered by operating cash flow (54.4%).
Interest Coverage: HEG earns more interest than it pays, so coverage of interest payments is not a concern.