HLV Balance Sheet Health
Financial Health criteria checks 6/6
HLV has a total shareholder equity of ₹4.5B and total debt of ₹97.9M, which brings its debt-to-equity ratio to 2.2%. Its total assets and total liabilities are ₹5.9B and ₹1.4B respectively. HLV's EBIT is ₹116.4M making its interest coverage ratio -2.1. It has cash and short-term investments of ₹1.3B.
Key information
2.2%
Debt to equity ratio
₹97.90m
Debt
| Interest coverage ratio | -2.1x |
| Cash | ₹1.25b |
| Equity | ₹4.49b |
| Total liabilities | ₹1.43b |
| Total assets | ₹5.92b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500193's short term assets (₹2.1B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: 500193's short term assets (₹2.1B) exceed its long term liabilities (₹250.0M).
Debt to Equity History and Analysis
Debt Level: 500193 has more cash than its total debt.
Reducing Debt: 500193's debt to equity ratio has reduced from 1352.2% to 2.2% over the past 5 years.
Debt Coverage: 500193's debt is well covered by operating cash flow (273.9%).
Interest Coverage: 500193 earns more interest than it pays, so coverage of interest payments is not a concern.