H.G. Infra Engineering Balance Sheet Health
Financial Health criteria checks 4/6
H.G. Infra Engineering has a total shareholder equity of ₹21.6B and total debt of ₹14.4B, which brings its debt-to-equity ratio to 66.7%. Its total assets and total liabilities are ₹53.4B and ₹31.8B respectively. H.G. Infra Engineering's EBIT is ₹9.0B making its interest coverage ratio 5.3. It has cash and short-term investments of ₹1.2B.
Key information
66.7%
Debt to equity ratio
₹14.41b
Debt
| Interest coverage ratio | 5.3x |
| Cash | ₹1.17b |
| Equity | ₹21.60b |
| Total liabilities | ₹31.82b |
| Total assets | ₹53.42b |
Recent financial health updates
Is H.G. Infra Engineering (NSE:HGINFRA) Using Too Much Debt?
Dec 23
These 4 Measures Indicate That H.G. Infra Engineering (NSE:HGINFRA) Is Using Debt Reasonably Well
Aug 18We Think H.G. Infra Engineering (NSE:HGINFRA) Can Stay On Top Of Its Debt
May 17Here's Why H.G. Infra Engineering (NSE:HGINFRA) Can Manage Its Debt Responsibly
Dec 15
Recent updates
H.G. Infra Engineering Limited (NSE:HGINFRA) Stock Catapults 26% Though Its Price And Business Still Lag The Market
Apr 26Calculating The Fair Value Of H.G. Infra Engineering Limited (NSE:HGINFRA)
Apr 02H.G. Infra Engineering (NSE:HGINFRA) Might Become A Compounding Machine
Jun 13H.G. Infra Engineering (NSE:HGINFRA) Is Aiming To Keep Up Its Impressive Returns
Mar 10Is H.G. Infra Engineering (NSE:HGINFRA) Using Too Much Debt?
Dec 23H.G. Infra Engineering (NSE:HGINFRA) Is Reinvesting At Lower Rates Of Return
Jul 21Shareholders Are Optimistic That H.G. Infra Engineering (NSE:HGINFRA) Will Multiply In Value
Jan 28H.G. Infra Engineering's (NSE:HGINFRA) Returns On Capital Not Reflecting Well On The Business
Oct 19Shareholders Would Not Be Objecting To H.G. Infra Engineering Limited's (NSE:HGINFRA) CEO Compensation And Here's Why
Aug 30These 4 Measures Indicate That H.G. Infra Engineering (NSE:HGINFRA) Is Using Debt Reasonably Well
Aug 18Does H.G. Infra Engineering (NSE:HGINFRA) Deserve A Spot On Your Watchlist?
Jun 13We Think H.G. Infra Engineering (NSE:HGINFRA) Can Stay On Top Of Its Debt
May 17Should You Investigate H.G. Infra Engineering Limited (NSE:HGINFRA) At ₹266?
Apr 18Returns On Capital At H.G. Infra Engineering (NSE:HGINFRA) Paint An Interesting Picture
Mar 19Calculating The Intrinsic Value Of H.G. Infra Engineering Limited (NSE:HGINFRA)
Mar 06Is Now The Time To Put H.G. Infra Engineering (NSE:HGINFRA) On Your Watchlist?
Feb 22The H.G. Infra Engineering (NSE:HGINFRA) Share Price Is Up 17% And Shareholders Are Holding On
Feb 10Is H.G. Infra Engineering Limited's (NSE:HGINFRA) Latest Stock Performance A Reflection Of Its Financial Health?
Jan 28When Should You Buy H.G. Infra Engineering Limited (NSE:HGINFRA)?
Jan 14Should You Take Comfort From Insider Transactions At H.G. Infra Engineering Limited (NSE:HGINFRA)?
Dec 30Here's Why H.G. Infra Engineering (NSE:HGINFRA) Can Manage Its Debt Responsibly
Dec 15Are H.G. Infra Engineering's (NSE:HGINFRA) Statutory Earnings A Good Guide To Its Underlying Profitability?
Nov 27Financial Position Analysis
Short Term Liabilities: HGINFRA's short term assets (₹35.0B) exceed its short term liabilities (₹21.5B).
Long Term Liabilities: HGINFRA's short term assets (₹35.0B) exceed its long term liabilities (₹10.3B).
Debt to Equity History and Analysis
Debt Level: HGINFRA's net debt to equity ratio (61.3%) is considered high.
Reducing Debt: HGINFRA's debt to equity ratio has reduced from 74.4% to 66.7% over the past 5 years.
Debt Coverage: HGINFRA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: HGINFRA's interest payments on its debt are well covered by EBIT (5.3x coverage).