HB Estate Developers Balance Sheet Health
Financial Health criteria checks 2/6
HB Estate Developers has a total shareholder equity of ₹1.4B and total debt of ₹3.2B, which brings its debt-to-equity ratio to 226.7%. Its total assets and total liabilities are ₹5.1B and ₹3.6B respectively. HB Estate Developers's EBIT is ₹282.8M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹122.1M.
Key information
226.7%
Debt to equity ratio
₹3.25b
Debt
Interest coverage ratio | 1.3x |
Cash | ₹122.07m |
Equity | ₹1.43b |
Total liabilities | ₹3.60b |
Total assets | ₹5.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532334's short term assets (₹429.6M) do not cover its short term liabilities (₹622.7M).
Long Term Liabilities: 532334's short term assets (₹429.6M) do not cover its long term liabilities (₹3.0B).
Debt to Equity History and Analysis
Debt Level: 532334's net debt to equity ratio (218.1%) is considered high.
Reducing Debt: 532334's debt to equity ratio has increased from 128.1% to 226.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable 532334 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 532334 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 0.9% per year.