Hindoostan Mills Balance Sheet Health
Financial Health criteria checks 5/6
Hindoostan Mills has a total shareholder equity of ₹480.5M and total debt of ₹17.3M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are ₹768.3M and ₹287.8M respectively.
Key information
3.6%
Debt to equity ratio
₹17.30m
Debt
Interest coverage ratio | n/a |
Cash | ₹101.12m |
Equity | ₹480.49m |
Total liabilities | ₹287.81m |
Total assets | ₹768.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 509895's short term assets (₹454.5M) exceed its short term liabilities (₹193.6M).
Long Term Liabilities: 509895's short term assets (₹454.5M) exceed its long term liabilities (₹94.2M).
Debt to Equity History and Analysis
Debt Level: 509895 has more cash than its total debt.
Reducing Debt: 509895's debt to equity ratio has reduced from 17.1% to 3.6% over the past 5 years.
Debt Coverage: 509895's debt is well covered by operating cash flow (172.1%).
Interest Coverage: Insufficient data to determine if 509895's interest payments on its debt are well covered by EBIT.