Harrisons Malayalam Balance Sheet Health
Financial Health criteria checks 3/6
Harrisons Malayalam has a total shareholder equity of ₹1.5B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 72%. Its total assets and total liabilities are ₹4.9B and ₹3.4B respectively. Harrisons Malayalam's EBIT is ₹67.2M making its interest coverage ratio 0.5. It has cash and short-term investments of ₹14.2M.
Key information
72.0%
Debt to equity ratio
₹1.07b
Debt
Interest coverage ratio | 0.5x |
Cash | ₹14.17m |
Equity | ₹1.49b |
Total liabilities | ₹3.38b |
Total assets | ₹4.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500467's short term assets (₹1.2B) do not cover its short term liabilities (₹2.4B).
Long Term Liabilities: 500467's short term assets (₹1.2B) exceed its long term liabilities (₹981.5M).
Debt to Equity History and Analysis
Debt Level: 500467's net debt to equity ratio (71%) is considered high.
Reducing Debt: 500467's debt to equity ratio has reduced from 135.4% to 72% over the past 5 years.
Debt Coverage: 500467's debt is well covered by operating cash flow (35%).
Interest Coverage: 500467's interest payments on its debt are not well covered by EBIT (0.5x coverage).