Howard Hotels Balance Sheet Health
Financial Health criteria checks 3/6
Howard Hotels has a total shareholder equity of ₹100.3M and total debt of ₹39.1M, which brings its debt-to-equity ratio to 39%. Its total assets and total liabilities are ₹166.4M and ₹66.1M respectively. Howard Hotels's EBIT is ₹16.4M making its interest coverage ratio 11.2. It has cash and short-term investments of ₹9.4M.
Key information
39.0%
Debt to equity ratio
₹39.14m
Debt
| Interest coverage ratio | 11.2x |
| Cash | ₹9.40m |
| Equity | ₹100.28m |
| Total liabilities | ₹66.11m |
| Total assets | ₹166.39m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526761's short term assets (₹19.7M) do not cover its short term liabilities (₹21.5M).
Long Term Liabilities: 526761's short term assets (₹19.7M) do not cover its long term liabilities (₹44.6M).
Debt to Equity History and Analysis
Debt Level: 526761's net debt to equity ratio (29.7%) is considered satisfactory.
Reducing Debt: 526761's debt to equity ratio has increased from 18.1% to 39% over the past 5 years.
Debt Coverage: 526761's debt is well covered by operating cash flow (30.9%).
Interest Coverage: 526761's interest payments on its debt are well covered by EBIT (11.2x coverage).