Hindustan Foods Balance Sheet Health
Financial Health criteria checks 3/6
Hindustan Foods has a total shareholder equity of ₹4.2B and total debt of ₹5.8B, which brings its debt-to-equity ratio to 137.1%. Its total assets and total liabilities are ₹14.9B and ₹10.7B respectively. Hindustan Foods's EBIT is ₹1.6B making its interest coverage ratio 3.5. It has cash and short-term investments of ₹456.2M.
Key information
137.1%
Debt to equity ratio
₹5.80b
Debt
Interest coverage ratio | 3.5x |
Cash | ₹456.23m |
Equity | ₹4.23b |
Total liabilities | ₹10.71b |
Total assets | ₹14.94b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 519126's short term assets (₹7.3B) exceed its short term liabilities (₹6.0B).
Long Term Liabilities: 519126's short term assets (₹7.3B) exceed its long term liabilities (₹4.7B).
Debt to Equity History and Analysis
Debt Level: 519126's net debt to equity ratio (126.3%) is considered high.
Reducing Debt: 519126's debt to equity ratio has increased from 62.3% to 137.1% over the past 5 years.
Debt Coverage: 519126's debt is not well covered by operating cash flow (15.8%).
Interest Coverage: 519126's interest payments on its debt are well covered by EBIT (3.5x coverage).