Hindware Home Innovation Balance Sheet Health
Financial Health criteria checks 2/6
Hindware Home Innovation has a total shareholder equity of ₹6.1B and total debt of ₹10.5B, which brings its debt-to-equity ratio to 172.4%. Its total assets and total liabilities are ₹24.2B and ₹18.1B respectively. Hindware Home Innovation's EBIT is ₹1.3B making its interest coverage ratio 1.4. It has cash and short-term investments of ₹292.2M.
Key information
172.4%
Debt to equity ratio
₹10.46b
Debt
| Interest coverage ratio | 1.4x |
| Cash | ₹292.21m |
| Equity | ₹6.07b |
| Total liabilities | ₹18.14b |
| Total assets | ₹24.20b |
Recent financial health updates
Is Hindware Home Innovation (NSE:HINDWAREAP) Using Too Much Debt?
Jan 20
Does Somany Home Innovation (NSE:SHIL) Have A Healthy Balance Sheet?
Sep 13Is Somany Home Innovation (NSE:SHIL) Using Too Much Debt?
May 27Somany Home Innovation (NSE:SHIL) Has A Somewhat Strained Balance Sheet
Dec 09
Recent updates
Hindware Home Innovation Limited Recorded A 9.0% Miss On Revenue: Analysts Are Revisiting Their Models
Aug 14Hindware Home Innovation Limited's (NSE:HINDWAREAP) Shares Leap 26% Yet They're Still Not Telling The Full Story
Jul 02Hindware Home Innovation Limited's (NSE:HINDWAREAP) Share Price Is Still Matching Investor Opinion Despite 30% Slump
Mar 14The Return Trends At Hindware Home Innovation (NSE:HINDWAREAP) Look Promising
Jun 27Is Hindware Home Innovation (NSE:HINDWAREAP) Using Too Much Debt?
Jan 20Hindware Home Innovation (NSE:HINDWAREAP) Will Want To Turn Around Its Return Trends
Dec 31Hindware Home Innovation (NSE:HINDWAREAP) Knows How To Allocate Capital
Jul 06Here's Why I Think Somany Home Innovation (NSE:SHIL) Might Deserve Your Attention Today
May 13A Look At The Intrinsic Value Of Somany Home Innovation Limited (NSE:SHIL)
Oct 19Does Somany Home Innovation (NSE:SHIL) Have A Healthy Balance Sheet?
Sep 13Here's Why I Think Somany Home Innovation (NSE:SHIL) Might Deserve Your Attention Today
Jul 13Statutory Profit Doesn't Reflect How Good Somany Home Innovation's (NSE:SHIL) Earnings Are
Jun 02Is Somany Home Innovation (NSE:SHIL) Using Too Much Debt?
May 27A Look At The Intrinsic Value Of Somany Home Innovation Limited (NSE:SHIL)
May 12How Much Of Somany Home Innovation Limited (NSE:SHIL) Do Insiders Own?
Mar 18Should You Be Impressed By Somany Home Innovation's (NSE:SHIL) Returns on Capital?
Mar 03Is Somany Home Innovation Limited's (NSE:SHIL) 13% ROE Better Than Average?
Feb 16Calculating The Intrinsic Value Of Somany Home Innovation Limited (NSE:SHIL)
Feb 01Somany Home Innovation Limited (NSE:SHIL) Insiders Increased Their Holdings
Jan 18Did Somany Home Innovation's (NSE:SHIL) Share Price Deserve to Gain 12%?
Dec 29Somany Home Innovation (NSE:SHIL) Has A Somewhat Strained Balance Sheet
Dec 09Financial Position Analysis
Short Term Liabilities: HINDWAREAP's short term assets (₹12.1B) do not cover its short term liabilities (₹12.2B).
Long Term Liabilities: HINDWAREAP's short term assets (₹12.1B) exceed its long term liabilities (₹6.0B).
Debt to Equity History and Analysis
Debt Level: HINDWAREAP's net debt to equity ratio (167.6%) is considered high.
Reducing Debt: HINDWAREAP's debt to equity ratio has increased from 109% to 172.4% over the past 5 years.
Debt Coverage: HINDWAREAP's debt is well covered by operating cash flow (23%).
Interest Coverage: HINDWAREAP's interest payments on its debt are not well covered by EBIT (1.4x coverage).