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
Himatsingka Seide (NSE:HIMATSEIDE) Takes On Some Risk With Its Use Of Debt
Mar 14
These 4 Measures Indicate That Himatsingka Seide (NSE:HIMATSEIDE) Is Using Debt Extensively
Dec 28We Think Himatsingka Seide (NSE:HIMATSEIDE) Is Taking Some Risk With Its Debt
Dec 14Recent updates
Himatsingka Seide's (NSE:HIMATSEIDE) Profits May Not Reveal Underlying Issues
Nov 22Some Confidence Is Lacking In Himatsingka Seide Limited's (NSE:HIMATSEIDE) P/S
Jul 31Himatsingka Seide (NSE:HIMATSEIDE) Has Some Way To Go To Become A Multi-Bagger
May 10Himatsingka Seide (NSE:HIMATSEIDE) Takes On Some Risk With Its Use Of Debt
Mar 14Himatsingka Seide Limited's (NSE:HIMATSEIDE) P/S Still Appears To Be Reasonable
Feb 01Himatsingka Seide's (NSE:HIMATSEIDE) Strong Earnings Are Of Good Quality
Nov 15Why We Think Shareholders May Be Considering Bumping Up Himatsingka Seide Limited's (NSE:HIMATSEIDE) CEO Compensation
Sep 22Is There An Opportunity With Himatsingka Seide Limited's (NSE:HIMATSEIDE) 48% Undervaluation?
Jul 04There Are Reasons To Feel Uneasy About Himatsingka Seide's (NSE:HIMATSEIDE) Returns On Capital
May 04These 4 Measures Indicate That Himatsingka Seide (NSE:HIMATSEIDE) Is Using Debt Extensively
Dec 28Himatsingka Seide (NSE:HIMATSEIDE) Is Reinvesting At Lower Rates Of Return
Nov 02Himatsingka Seide Limited's (NSE:HIMATSEIDE) CEO Might Not Expect Shareholders To Be So Generous This Year
Sep 22Himatsingka Seide Limited's (NSE:HIMATSEIDE) Intrinsic Value Is Potentially 39% Above Its Share Price
Aug 20The Returns On Capital At Himatsingka Seide (NSE:HIMATSEIDE) Don't Inspire Confidence
Jun 30Analysts Just Slashed Their Himatsingka Seide Limited (NSE:HIMATSEIDE) EPS Numbers
Jun 05There Are Reasons To Feel Uneasy About Himatsingka Seide's (NSE:HIMATSEIDE) Returns On Capital
Mar 29We Think Himatsingka Seide (NSE:HIMATSEIDE) Is Taking Some Risk With Its Debt
Dec 14Financial Position Analysis
Short Term Liabilities: HIMATSEIDE's short term assets (₹28.8B) exceed its short term liabilities (₹23.6B).
Long Term Liabilities: HIMATSEIDE's short term assets (₹28.8B) exceed its long term liabilities (₹19.3B).
Debt to Equity History and Analysis
Debt Level: HIMATSEIDE's net debt to equity ratio (167.2%) is considered high.
Reducing Debt: HIMATSEIDE's debt to equity ratio has reduced from 180% to 173.7% over the past 5 years.
Debt Coverage: HIMATSEIDE's debt is not well covered by operating cash flow (10.3%).
Interest Coverage: HIMATSEIDE's interest payments on its debt are not well covered by EBIT (1.4x coverage).