HEG Balance Sheet Health
Financial Health criteria checks 6/6
HEG has a total shareholder equity of ₹44.3B and total debt of ₹6.2B, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are ₹57.0B and ₹12.8B respectively. HEG's EBIT is ₹2.1B making its interest coverage ratio -21.3. It has cash and short-term investments of ₹7.1B.
Key information
14.0%
Debt to equity ratio
₹6.19b
Debt
Interest coverage ratio | -21.3x |
Cash | ₹7.12b |
Equity | ₹44.26b |
Total liabilities | ₹12.75b |
Total assets | ₹57.01b |
Recent financial health updates
HEG (NSE:HEG) Takes On Some Risk With Its Use Of Debt
Jun 12Here'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
Weak Statutory Earnings May Not Tell The Whole Story For HEG (NSE:HEG)
Jul 05HEG (NSE:HEG) Takes On Some Risk With Its Use Of Debt
Jun 12Is 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 (₹26.3B) exceed its short term liabilities (₹11.7B).
Long Term Liabilities: HEG's short term assets (₹26.3B) exceed its long term liabilities (₹1.1B).
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 reduced from 17.6% to 14% over the past 5 years.
Debt Coverage: HEG's debt is well covered by operating cash flow (98.8%).
Interest Coverage: HEG earns more interest than it pays, so coverage of interest payments is not a concern.