Hindustan Appliances Balance Sheet Health
Financial Health criteria checks 3/6
Hindustan Appliances has a total shareholder equity of ₹145.5M and total debt of ₹359.0M, which brings its debt-to-equity ratio to 246.8%. Its total assets and total liabilities are ₹506.8M and ₹361.3M respectively. Hindustan Appliances's EBIT is ₹1.5M making its interest coverage ratio -109.7. It has cash and short-term investments of ₹88.3M.
Key information
246.8%
Debt to equity ratio
₹359.01m
Debt
| Interest coverage ratio | -109.7x |
| Cash | ₹88.32m |
| Equity | ₹145.46m |
| Total liabilities | ₹361.32m |
| Total assets | ₹506.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531918's short term assets (₹431.0M) exceed its short term liabilities (₹361.3M).
Long Term Liabilities: 531918 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 531918's net debt to equity ratio (186.1%) is considered high.
Reducing Debt: 531918's debt to equity ratio has increased from 237.4% to 246.8% over the past 5 years.
Debt Coverage: 531918's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531918 earns more interest than it pays, so coverage of interest payments is not a concern.