Haria Apparels Balance Sheet Health
Financial Health criteria checks 4/6
Haria Apparels has a total shareholder equity of ₹50.0M and total debt of ₹12.1M, which brings its debt-to-equity ratio to 24.3%. Its total assets and total liabilities are ₹147.1M and ₹97.1M respectively. Haria Apparels's EBIT is ₹8.0M making its interest coverage ratio -2. It has cash and short-term investments of ₹2.8M.
Key information
24.3%
Debt to equity ratio
₹12.13m
Debt
Interest coverage ratio | -2x |
Cash | ₹2.83m |
Equity | ₹49.96m |
Total liabilities | ₹97.13m |
Total assets | ₹147.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 538081's short term assets (₹5.2M) do not cover its short term liabilities (₹81.3M).
Long Term Liabilities: 538081's short term assets (₹5.2M) do not cover its long term liabilities (₹15.8M).
Debt to Equity History and Analysis
Debt Level: 538081's net debt to equity ratio (18.6%) is considered satisfactory.
Reducing Debt: 538081's debt to equity ratio has reduced from 110.8% to 24.3% over the past 5 years.
Debt Coverage: 538081's debt is well covered by operating cash flow (37.1%).
Interest Coverage: 538081 earns more interest than it pays, so coverage of interest payments is not a concern.