H.P. Cotton Textile Mills Balance Sheet Health
Financial Health criteria checks 1/6
H.P. Cotton Textile Mills has a total shareholder equity of ₹174.0M and total debt of ₹453.2M, which brings its debt-to-equity ratio to 260.5%. Its total assets and total liabilities are ₹940.7M and ₹766.7M respectively.
Key information
260.5%
Debt to equity ratio
₹453.20m
Debt
Interest coverage ratio | n/a |
Cash | ₹12.10m |
Equity | ₹174.00m |
Total liabilities | ₹766.70m |
Total assets | ₹940.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 502873's short term assets (₹489.8M) do not cover its short term liabilities (₹610.4M).
Long Term Liabilities: 502873's short term assets (₹489.8M) exceed its long term liabilities (₹156.3M).
Debt to Equity History and Analysis
Debt Level: 502873's net debt to equity ratio (253.5%) is considered high.
Reducing Debt: 502873's debt to equity ratio has increased from 133.5% to 260.5% over the past 5 years.
Debt Coverage: 502873's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: Insufficient data to determine if 502873's interest payments on its debt are well covered by EBIT.