Hitachi Energy India Balance Sheet Health
Financial Health criteria checks 5/6
Hitachi Energy India has a total shareholder equity of ₹14.0B and total debt of ₹2.7B, which brings its debt-to-equity ratio to 19.2%. Its total assets and total liabilities are ₹49.5B and ₹35.5B respectively. Hitachi Energy India's EBIT is ₹3.2B making its interest coverage ratio 6.3. It has cash and short-term investments of ₹783.4M.
Key information
19.2%
Debt to equity ratio
₹2.70b
Debt
| Interest coverage ratio | 6.3x |
| Cash | ₹783.40m |
| Equity | ₹14.03b |
| Total liabilities | ₹35.48b |
| Total assets | ₹49.51b |
Recent financial health updates
Hitachi Energy India (NSE:POWERINDIA) Has A Pretty Healthy Balance Sheet
Nov 02
Hitachi Energy India (NSE:POWERINDIA) Has A Pretty Healthy Balance Sheet
Jul 22Hitachi Energy India (NSE:POWERINDIA) Seems To Use Debt Quite Sensibly
Dec 28Recent updates
Is Hitachi Energy India Limited (NSE:POWERINDIA) Expensive For A Reason? A Look At Its Intrinsic Value
Dec 09Hitachi Energy India (NSE:POWERINDIA) Will Be Hoping To Turn Its Returns On Capital Around
Nov 20Hitachi Energy India (NSE:POWERINDIA) Has A Pretty Healthy Balance Sheet
Nov 02Hitachi Energy India Limited's (NSE:POWERINDIA) Shares Climb 27% But Its Business Is Yet to Catch Up
Oct 10We Think Some Shareholders May Hesitate To Increase Hitachi Energy India Limited's (NSE:POWERINDIA) CEO Compensation
Aug 15Hitachi Energy India (NSE:POWERINDIA) Has A Pretty Healthy Balance Sheet
Jul 22Subdued Growth No Barrier To Hitachi Energy India Limited (NSE:POWERINDIA) With Shares Advancing 26%
Jul 04Hitachi Energy India Limited Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
May 24The Returns At Hitachi Energy India (NSE:POWERINDIA) Aren't Growing
May 21Hitachi 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 28Financial Position Analysis
Short Term Liabilities: POWERINDIA's short term assets (₹40.3B) exceed its short term liabilities (₹34.4B).
Long Term Liabilities: POWERINDIA's short term assets (₹40.3B) exceed its long term liabilities (₹1.0B).
Debt to Equity History and Analysis
Debt Level: POWERINDIA's net debt to equity ratio (13.7%) 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 (42.2%).
Interest Coverage: POWERINDIA's interest payments on its debt are well covered by EBIT (6.3x coverage).
Balance Sheet
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 05:57 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hitachi Energy India Limited is covered by 17 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | Antique Stockbroking Ltd. |
| Vinod Chari | BOB Capital Markets Ltd. |
| Harshit Patel | Equirus Securities Private Limited |