HB Leasing and Finance Balance Sheet Health
Financial Health criteria checks 4/6
HB Leasing and Finance has a total shareholder equity of ₹25.9M and total debt of ₹1.7M, which brings its debt-to-equity ratio to 6.6%. Its total assets and total liabilities are ₹33.7M and ₹7.8M respectively.
Key information
6.6%
Debt to equity ratio
₹1.70m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹816.00k |
| Equity | ₹25.88m |
| Total liabilities | ₹7.78m |
| Total assets | ₹33.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 508956's short term assets (₹13.1M) exceed its short term liabilities (₹2.6M).
Long Term Liabilities: 508956's short term assets (₹13.1M) exceed its long term liabilities (₹5.1M).
Debt to Equity History and Analysis
Debt Level: 508956's net debt to equity ratio (3.4%) is considered satisfactory.
Reducing Debt: 508956's debt to equity ratio has reduced from 13.1% to 6.6% 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: Insufficient data to determine if 508956 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 508956 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.