Johnson Controls-Hitachi Air Conditioning India Balance Sheet Health
Financial Health criteria checks 3/6
Johnson Controls-Hitachi Air Conditioning India has a total shareholder equity of ₹5.6B and total debt of ₹2.4B, which brings its debt-to-equity ratio to 42.6%. Its total assets and total liabilities are ₹12.0B and ₹6.3B respectively.
Key information
42.6%
Debt to equity ratio
₹2.40b
Debt
Interest coverage ratio | n/a |
Cash | ₹284.80m |
Equity | ₹5.62b |
Total liabilities | ₹6.34b |
Total assets | ₹11.96b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 523398's short term assets (₹6.8B) exceed its short term liabilities (₹5.1B).
Long Term Liabilities: 523398's short term assets (₹6.8B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: 523398's net debt to equity ratio (37.5%) is considered satisfactory.
Reducing Debt: 523398's debt to equity ratio has increased from 0% to 42.6% over the past 5 years.
Debt Coverage: 523398's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 523398's interest payments on its debt are well covered by EBIT.