Hexa Tradex Balance Sheet Health
Financial Health criteria checks 3/6
Hexa Tradex has a total shareholder equity of ₹50.5B and total debt of ₹477.5M, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are ₹58.7B and ₹8.2B respectively. Hexa Tradex's EBIT is ₹364.0M making its interest coverage ratio 8. It has cash and short-term investments of ₹4.4M.
Key information
0.9%
Debt to equity ratio
₹477.52m
Debt
| Interest coverage ratio | 8x |
| Cash | ₹4.37m |
| Equity | ₹50.47b |
| Total liabilities | ₹8.25b |
| Total assets | ₹58.72b |
Recent financial health updates
Is Hexa Tradex (NSE:HEXATRADEX) A Risky Investment?
Jun 25
Does Hexa Tradex (NSE:HEXATRADEX) Have A Healthy Balance Sheet?
Dec 08Recent updates
Hexa Tradex (NSE:HEXATRADEX) Is Reinvesting At Lower Rates Of Return
Oct 27Hexa Tradex Limited's (NSE:HEXATRADEX) 50% Jump Shows Its Popularity With Investors
Aug 31We Think Shareholders Are Less Likely To Approve A Large Pay Rise For Hexa Tradex Limited's (NSE:HEXATRADEX) CEO For Now
Aug 14Market Participants Recognise Hexa Tradex Limited's (NSE:HEXATRADEX) Earnings Pushing Shares 26% Higher
Jul 17Is Hexa Tradex (NSE:HEXATRADEX) A Risky Investment?
Jun 25Does Hexa Tradex (NSE:HEXATRADEX) Have A Healthy Balance Sheet?
Dec 08Hexa Tradex's (NSE:HEXATRADEX) Solid Profits Have Weak Fundamentals
Jul 01Financial Position Analysis
Short Term Liabilities: HEXATRADEX's short term assets (₹320.4M) exceed its short term liabilities (₹102.4M).
Long Term Liabilities: HEXATRADEX's short term assets (₹320.4M) do not cover its long term liabilities (₹8.1B).
Debt to Equity History and Analysis
Debt Level: HEXATRADEX's net debt to equity ratio (0.9%) is considered satisfactory.
Reducing Debt: HEXATRADEX's debt to equity ratio has increased from 0.06% to 0.9% over the past 5 years.
Debt Coverage: HEXATRADEX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: HEXATRADEX's interest payments on its debt are well covered by EBIT (8x coverage).