Himatsingka Seide Balance Sheet Health
Financial Health criteria checks 3/6
Himatsingka Seide has a total shareholder equity of ₹16.0B and total debt of ₹27.8B, which brings its debt-to-equity ratio to 173.7%. Its total assets and total liabilities are ₹58.9B and ₹42.9B respectively. Himatsingka Seide's EBIT is ₹4.4B making its interest coverage ratio 1.4. It has cash and short-term investments of ₹1.0B.
Key information
173.7%
Debt to equity ratio
₹27.83b
Debt
| Interest coverage ratio | 1.4x |
| Cash | ₹1.04b |
| Equity | ₹16.02b |
| Total liabilities | ₹42.91b |
| Total assets | ₹58.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 514043's short term assets (₹28.8B) exceed its short term liabilities (₹23.6B).
Long Term Liabilities: 514043's short term assets (₹28.8B) exceed its long term liabilities (₹19.3B).
Debt to Equity History and Analysis
Debt Level: 514043's net debt to equity ratio (167.2%) is considered high.
Reducing Debt: 514043's debt to equity ratio has reduced from 180% to 173.7% over the past 5 years.
Debt Coverage: 514043's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: 514043's interest payments on its debt are not well covered by EBIT (1.4x coverage).