HRH Next Services Balance Sheet Health
Financial Health criteria checks 3/6
HRH Next Services has a total shareholder equity of ₹104.5M and total debt of ₹99.1M, which brings its debt-to-equity ratio to 94.8%. Its total assets and total liabilities are ₹288.2M and ₹183.8M respectively. HRH Next Services's EBIT is ₹57.4M making its interest coverage ratio 8.1. It has cash and short-term investments of ₹9.3M.
Key information
94.8%
Debt to equity ratio
₹99.06m
Debt
Interest coverage ratio | 8.1x |
Cash | ₹9.29m |
Equity | ₹104.48m |
Total liabilities | ₹183.75m |
Total assets | ₹288.23m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HRHNEXT's short term assets (₹144.9M) do not cover its short term liabilities (₹161.1M).
Long Term Liabilities: HRHNEXT's short term assets (₹144.9M) exceed its long term liabilities (₹22.7M).
Debt to Equity History and Analysis
Debt Level: HRHNEXT's net debt to equity ratio (85.9%) is considered high.
Reducing Debt: Insufficient data to determine if HRHNEXT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: HRHNEXT's debt is well covered by operating cash flow (74.7%).
Interest Coverage: HRHNEXT's interest payments on its debt are well covered by EBIT (8.1x coverage).