HLV Balance Sheet Health
Financial Health criteria checks 6/6
HLV has a total shareholder equity of ₹4.2B and total debt of ₹265.1M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are ₹5.7B and ₹1.5B respectively. HLV's EBIT is ₹135.3M making its interest coverage ratio -4.9. It has cash and short-term investments of ₹678.3M.
Key information
6.3%
Debt to equity ratio
₹265.10m
Debt
| Interest coverage ratio | -4.9x |
| Cash | ₹678.30m |
| Equity | ₹4.22b |
| Total liabilities | ₹1.48b |
| Total assets | ₹5.70b |
Recent financial health updates
Health Check: How Prudently Does HLV (NSE:HLVLTD) Use Debt?
Feb 07
Does HLV (NSE:HLVLTD) Have A Healthy Balance Sheet?
Jun 30Is HLV (NSE:HLVLTD) Using Too Much Debt?
Sep 10Recent updates
HLV Limited's (NSE:HLVLTD) 28% Jump Shows Its Popularity With Investors
Apr 13After Leaping 27% HLV Limited (NSE:HLVLTD) Shares Are Not Flying Under The Radar
Feb 21Impressive Earnings May Not Tell The Whole Story For HLV (NSE:HLVLTD)
Nov 18HLV Limited's (NSE:HLVLTD) Shares May Have Run Too Fast Too Soon
Jun 17Health Check: How Prudently Does HLV (NSE:HLVLTD) Use Debt?
Feb 07Does HLV (NSE:HLVLTD) Have A Healthy Balance Sheet?
Jun 30Is HLV (NSE:HLVLTD) Using Too Much Debt?
Sep 10Financial Position Analysis
Short Term Liabilities: HLVLTD's short term assets (₹1.9B) exceed its short term liabilities (₹1.2B).
Long Term Liabilities: HLVLTD's short term assets (₹1.9B) exceed its long term liabilities (₹287.3M).
Debt to Equity History and Analysis
Debt Level: HLVLTD has more cash than its total debt.
Reducing Debt: HLVLTD's debt to equity ratio has reduced from 1239.4% to 6.3% over the past 5 years.
Debt Coverage: HLVLTD's debt is well covered by operating cash flow (114.7%).
Interest Coverage: HLVLTD earns more interest than it pays, so coverage of interest payments is not a concern.