Hindware Home Innovation Balance Sheet Health
Financial Health criteria checks 2/6
Hindware Home Innovation has a total shareholder equity of ₹5.8B and total debt of ₹8.7B, which brings its debt-to-equity ratio to 148.3%. Its total assets and total liabilities are ₹25.0B and ₹19.2B respectively. Hindware Home Innovation's EBIT is ₹885.8M making its interest coverage ratio 0.9. It has cash and short-term investments of ₹59.1M.
Key information
148.3%
Debt to equity ratio
₹8.67b
Debt
| Interest coverage ratio | 0.9x |
| Cash | ₹59.10m |
| Equity | ₹5.84b |
| Total liabilities | ₹19.19b |
| Total assets | ₹25.03b |
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 27Recent updates
Revenue Miss: Hindware Home Innovation Limited Fell 6.1% Short Of Analyst Revenue Estimates And Analysts Have Been Revising Their Models
Nov 16Hindware 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 16Financial Position Analysis
Short Term Liabilities: HINDWAREAP's short term assets (₹12.5B) do not cover its short term liabilities (₹13.1B).
Long Term Liabilities: HINDWAREAP's short term assets (₹12.5B) exceed its long term liabilities (₹6.1B).
Debt to Equity History and Analysis
Debt Level: HINDWAREAP's net debt to equity ratio (147.3%) is considered high.
Reducing Debt: HINDWAREAP's debt to equity ratio has increased from 100.3% to 148.3% over the past 5 years.
Debt Coverage: HINDWAREAP's debt is well covered by operating cash flow (36.5%).
Interest Coverage: HINDWAREAP's interest payments on its debt are not well covered by EBIT (0.9x coverage).