Himatsingka Seide Balance Sheet Health
Financial Health criteria checks 3/6
Himatsingka Seide has a total shareholder equity of ₹15.6B and total debt of ₹28.0B, which brings its debt-to-equity ratio to 179.5%. Its total assets and total liabilities are ₹57.9B and ₹42.4B respectively. Himatsingka Seide's EBIT is ₹4.4B making its interest coverage ratio 1.5. It has cash and short-term investments of ₹1.7B.
Key information
179.5%
Debt to equity ratio
₹27.98b
Debt
| Interest coverage ratio | 1.5x |
| Cash | ₹1.66b |
| Equity | ₹15.59b |
| Total liabilities | ₹42.36b |
| Total assets | ₹57.95b |
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 14Himatsingka Seide (NSE:HIMATSEIDE) Use Of Debt Could Be Considered Risky
Aug 10Recent updates
Himatsingka 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 14Party Time: Brokers Just Made Major Increases To Their Himatsingka Seide Limited (NSE:HIMATSEIDE) Earnings Forecasts
Aug 18Himatsingka Seide (NSE:HIMATSEIDE) Use Of Debt Could Be Considered Risky
Aug 10Himatsingka Seide (NSE:HIMATSEIDE) Could Be Struggling To Allocate Capital
Jun 06How Does Himatsingka Seide Limited (NSE:HIMATSEIDE) Fare As A Dividend Stock?
Mar 06Has Himatsingka Seide (NSE:HIMATSEIDE) Got What It Takes To Become A Multi-Bagger?
Feb 16Financial Position Analysis
Short Term Liabilities: HIMATSEIDE's short term assets (₹27.2B) exceed its short term liabilities (₹22.0B).
Long Term Liabilities: HIMATSEIDE's short term assets (₹27.2B) exceed its long term liabilities (₹20.3B).
Debt to Equity History and Analysis
Debt Level: HIMATSEIDE's net debt to equity ratio (168.9%) is considered high.
Reducing Debt: HIMATSEIDE's debt to equity ratio has reduced from 196.4% to 179.5% over the past 5 years.
Debt Coverage: HIMATSEIDE's debt is not well covered by operating cash flow (11.5%).
Interest Coverage: HIMATSEIDE's interest payments on its debt are not well covered by EBIT (1.5x coverage).