HB Estate Developers Balance Sheet Health
Financial Health criteria checks 0/6
HB Estate Developers has a total shareholder equity of ₹1.6B and total debt of ₹3.0B, which brings its debt-to-equity ratio to 190.2%. Its total assets and total liabilities are ₹4.9B and ₹3.3B respectively. HB Estate Developers's EBIT is ₹347.6M making its interest coverage ratio 1.5. It has cash and short-term investments of ₹83.8M.
Key information
190.2%
Debt to equity ratio
₹2.97b
Debt
| Interest coverage ratio | 1.5x |
| Cash | ₹83.76m |
| Equity | ₹1.56b |
| Total liabilities | ₹3.33b |
| Total assets | ₹4.89b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532334's short term assets (₹400.1M) do not cover its short term liabilities (₹1.2B).
Long Term Liabilities: 532334's short term assets (₹400.1M) do not cover its long term liabilities (₹2.2B).
Debt to Equity History and Analysis
Debt Level: 532334's net debt to equity ratio (184.9%) is considered high.
Reducing Debt: 532334's debt to equity ratio has increased from 129% to 190.2% over the past 5 years.
Debt Coverage: 532334's debt is not well covered by operating cash flow (15.2%).
Interest Coverage: 532334's interest payments on its debt are not well covered by EBIT (1.5x coverage).