Harrisons Malayalam Balance Sheet Health
Financial Health criteria checks 3/6
Harrisons Malayalam has a total shareholder equity of ₹1.4B and total debt of ₹927.0M, which brings its debt-to-equity ratio to 66.5%. Its total assets and total liabilities are ₹4.8B and ₹3.4B respectively. Harrisons Malayalam's EBIT is ₹63.1M making its interest coverage ratio 0.5. It has cash and short-term investments of ₹13.7M.
Key information
66.5%
Debt to equity ratio
₹927.01m
Debt
| Interest coverage ratio | 0.5x |
| Cash | ₹13.71m |
| Equity | ₹1.39b |
| Total liabilities | ₹3.39b |
| Total assets | ₹4.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500467's short term assets (₹968.6M) do not cover its short term liabilities (₹2.5B).
Long Term Liabilities: 500467's short term assets (₹968.6M) exceed its long term liabilities (₹873.6M).
Debt to Equity History and Analysis
Debt Level: 500467's net debt to equity ratio (65.5%) is considered high.
Reducing Debt: 500467's debt to equity ratio has reduced from 144.1% to 66.5% over the past 5 years.
Debt Coverage: 500467's debt is well covered by operating cash flow (47.3%).
Interest Coverage: 500467's interest payments on its debt are not well covered by EBIT (0.5x coverage).