Hitachi Energy India Balance Sheet Health
Financial Health criteria checks 5/6
Hitachi Energy India has a total shareholder equity of ₹12.2B and total debt of ₹3.4B, which brings its debt-to-equity ratio to 27.6%. Its total assets and total liabilities are ₹40.3B and ₹28.1B respectively. Hitachi Energy India's EBIT is ₹2.0B making its interest coverage ratio 4.4. It has cash and short-term investments of ₹1.5B.
Key information
27.6%
Debt to equity ratio
₹3.38b
Debt
| Interest coverage ratio | 4.4x |
| Cash | ₹1.51b |
| Equity | ₹12.25b |
| Total liabilities | ₹28.08b |
| Total assets | ₹40.32b |
Recent financial health updates
Hitachi Energy India (NSE:POWERINDIA) Seems To Use Debt Quite Sensibly
Dec 28
Is Hitachi Energy India (NSE:POWERINDIA) Using Too Much Debt?
Jul 25Does Hitachi Energy India (NSE:POWERINDIA) Have A Healthy Balance Sheet?
Dec 06Is Hitachi Energy India (NSE:POWERINDIA) Using Too Much Debt?
Jul 08Recent updates
Hitachi Energy India Limited's (NSE:POWERINDIA) Shares Climb 27% But Its Business Is Yet to Catch Up
Apr 19Hitachi Energy India Limited's (NSE:POWERINDIA) Shareholders Might Be Looking For Exit
Feb 16Earnings Miss: Hitachi Energy India Limited Missed EPS By 67% And Analysts Are Revising Their Forecasts
Jan 26Hitachi Energy India's (NSE:POWERINDIA) Returns On Capital Not Reflecting Well On The Business
Jan 20Hitachi Energy India (NSE:POWERINDIA) Seems To Use Debt Quite Sensibly
Dec 28With Hitachi Energy India Limited (NSE:POWERINDIA) It Looks Like You'll Get What You Pay For
Oct 18Hitachi Energy India (NSE:POWERINDIA) Could Be Struggling To Allocate Capital
Sep 22Is Hitachi Energy India (NSE:POWERINDIA) Using Too Much Debt?
Jul 25The Returns On Capital At Hitachi Energy India (NSE:POWERINDIA) Don't Inspire Confidence
Jun 14Hitachi Energy India (NSE:POWERINDIA) May Have Issues Allocating Its Capital
Mar 03Hitachi Energy India Limited (NSE:POWERINDIA) Analysts Are Reducing Their Forecasts For This Year
Feb 09Calculating The Fair Value Of Hitachi Energy India Limited (NSE:POWERINDIA)
Jan 25Does Hitachi Energy India (NSE:POWERINDIA) Have A Healthy Balance Sheet?
Dec 06Here's What's Concerning About Hitachi Energy India's (NSE:POWERINDIA) Returns On Capital
Sep 30Is Now The Time To Put Hitachi Energy India (NSE:POWERINDIA) On Your Watchlist?
Sep 06Is Hitachi Energy India (NSE:POWERINDIA) Using Too Much Debt?
Jul 08Be Wary Of Hitachi Energy India (NSE:POWERINDIA) And Its Returns On Capital
Jun 17Hitachi Energy India Limited Just Missed EPS By 7.0%: Here's What Analysts Think Will Happen Next
Feb 13Should You Be Adding Hitachi Energy India (NSE:POWERINDIA) To Your Watchlist Today?
Jan 13ABB Power Products and Systems India (NSE:POWERINDIA) Could Be At Risk Of Shrinking As A Company
Nov 07ABB Power Products and Systems India (NSE:POWERINDIA) Is Finding It Tricky To Allocate Its Capital
Apr 09ABB Power Products and Systems India's (NSE:POWERINDIA) Soft Earnings Are Actually Better Than They Appear
Mar 05Boasting A 13% Return On Equity, Is ABB Power Products and Systems India Limited (NSE:POWERINDIA) A Top Quality Stock?
Jan 25Should You Be Impressed By ABB Power Products and Systems India Limited's (NSE:POWERINDIA) ROE?
Oct 12What Type Of Shareholders Make Up ABB Power Products and Systems India Limited's (NSE:POWERINDIA) Share Registry?
Sep 15Estimating The Intrinsic Value Of ABB Power Products and Systems India Limited (NSE:POWERINDIA)
Aug 19Is ABB Power Products and Systems India Limited's (NSE:POWERINDIA) ROE Of 24% Impressive?
Jun 30Financial Position Analysis
Short Term Liabilities: POWERINDIA's short term assets (₹31.9B) exceed its short term liabilities (₹27.6B).
Long Term Liabilities: POWERINDIA's short term assets (₹31.9B) exceed its long term liabilities (₹503.8M).
Debt to Equity History and Analysis
Debt Level: POWERINDIA's net debt to equity ratio (15.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if POWERINDIA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: POWERINDIA's debt is well covered by operating cash flow (46.9%).
Interest Coverage: POWERINDIA's interest payments on its debt are well covered by EBIT (4.4x coverage).