HRH Next Services Balance Sheet Health
Financial Health criteria checks 4/6
HRH Next Services has a total shareholder equity of ₹355.9M and total debt of ₹159.9M, which brings its debt-to-equity ratio to 44.9%. Its total assets and total liabilities are ₹604.0M and ₹248.1M respectively. HRH Next Services's EBIT is ₹59.6M making its interest coverage ratio 3.9. It has cash and short-term investments of ₹122.0M.
Key information
44.9%
Debt to equity ratio
₹159.87m
Debt
| Interest coverage ratio | 3.9x |
| Cash | ₹122.02m |
| Equity | ₹355.88m |
| Total liabilities | ₹248.13m |
| Total assets | ₹604.00m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: HRHNEXT's short term assets (₹429.9M) exceed its short term liabilities (₹189.2M).
Long Term Liabilities: HRHNEXT's short term assets (₹429.9M) exceed its long term liabilities (₹58.9M).
Debt to Equity History and Analysis
Debt Level: HRHNEXT's net debt to equity ratio (10.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if HRHNEXT's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: HRHNEXT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: HRHNEXT's interest payments on its debt are well covered by EBIT (3.9x coverage).