Johnson Controls-Hitachi Air Conditioning India Balance Sheet Health
Financial Health criteria checks 5/6
Johnson Controls-Hitachi Air Conditioning India has a total shareholder equity of ₹5.8B and total debt of ₹480.8M, which brings its debt-to-equity ratio to 8.2%. Its total assets and total liabilities are ₹16.6B and ₹10.7B respectively. Johnson Controls-Hitachi Air Conditioning India's EBIT is ₹267.3M making its interest coverage ratio 2. It has cash and short-term investments of ₹719.3M.
Key information
8.2%
Debt to equity ratio
₹480.80m
Debt
| Interest coverage ratio | 2x |
| Cash | ₹719.30m |
| Equity | ₹5.83b |
| Total liabilities | ₹10.74b |
| Total assets | ₹16.57b |
Recent financial health updates
Is Johnson Controls-Hitachi Air Conditioning India (NSE:JCHAC) A Risky Investment?
Mar 15
Is Johnson Controls-Hitachi Air Conditioning India (NSE:JCHAC) Using Too Much Debt?
Aug 15Is Johnson Controls-Hitachi Air Conditioning India (NSE:JCHAC) A Risky Investment?
Mar 16We Think Johnson Controls-Hitachi Air Conditioning India (NSE:JCHAC) Has A Fair Chunk Of Debt
Nov 30These 4 Measures Indicate That Johnson Controls-Hitachi Air Conditioning India (NSE:JCHAC) Is Using Debt Extensively
Jul 09Recent updates
Pinning Down Johnson Controls-Hitachi Air Conditioning India Limited's (NSE:JCHAC) P/S Is Difficult Right Now
Sep 27Johnson Controls-Hitachi Air Conditioning India (NSE:JCHAC) Could Be Struggling To Allocate Capital
Sep 04Johnson Controls-Hitachi Air Conditioning India Limited's (NSE:JCHAC) P/S Is Still On The Mark Following 26% Share Price Bounce
Jun 26Market Might Still Lack Some Conviction On Johnson Controls-Hitachi Air Conditioning India Limited (NSE:JCHAC) Even After 32% Share Price Boost
Apr 30Is Johnson Controls-Hitachi Air Conditioning India (NSE:JCHAC) A Risky Investment?
Mar 15Is Johnson Controls-Hitachi Air Conditioning India (NSE:JCHAC) Using Too Much Debt?
Aug 15Johnson Controls-Hitachi Air Conditioning India (NSE:JCHAC) Will Be Hoping To Turn Its Returns On Capital Around
May 12There Are Reasons To Feel Uneasy About Johnson Controls-Hitachi Air Conditioning India's (NSE:JCHAC) Returns On Capital
Dec 30Why We Think Johnson Controls-Hitachi Air Conditioning India Limited's (NSE:JCHAC) CEO Compensation Is Not Excessive At All
Sep 08Johnson Controls-Hitachi Air Conditioning India (NSE:JCHAC) Might Be Having Difficulty Using Its Capital Effectively
May 08Is Johnson Controls-Hitachi Air Conditioning India (NSE:JCHAC) A Risky Investment?
Mar 16If You Had Bought Johnson Controls-Hitachi Air Conditioning India (NSE:JCHAC) Shares Five Years Ago You'd Have Earned 138% Returns
Feb 09Our View On Johnson Controls-Hitachi Air Conditioning India's (NSE:JCHAC) CEO Pay
Jan 04We Think Johnson Controls-Hitachi Air Conditioning India (NSE:JCHAC) Has A Fair Chunk Of Debt
Nov 30Update: Johnson Controls-Hitachi Air Conditioning India (NSE:JCHAC) Stock Gained 69% In The Last Five Years
Oct 26
How Much Is Johnson Controls-Hitachi Air Conditioning India Limited (NSE:JCHAC) CEO Getting Paid?
Sep 03Johnson Controls-Hitachi Air Conditioning India Limited's (NSE:JCHAC) Popularity With Investors Is Clear
Jul 30These 4 Measures Indicate That Johnson Controls-Hitachi Air Conditioning India (NSE:JCHAC) Is Using Debt Extensively
Jul 09Financial Position Analysis
Short Term Liabilities: JCHAC's short term assets (₹11.6B) exceed its short term liabilities (₹9.7B).
Long Term Liabilities: JCHAC's short term assets (₹11.6B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: JCHAC has more cash than its total debt.
Reducing Debt: JCHAC's debt to equity ratio has reduced from 30.9% to 8.2% over the past 5 years.
Debt Coverage: JCHAC's debt is well covered by operating cash flow (529.1%).
Interest Coverage: JCHAC's interest payments on its debt are not well covered by EBIT (2x coverage).