Hindustan Foods Balance Sheet Health
Financial Health criteria checks 3/6
Hindustan Foods has a total shareholder equity of ₹6.5B and total debt of ₹6.9B, which brings its debt-to-equity ratio to 106.2%. Its total assets and total liabilities are ₹19.3B and ₹12.8B respectively. Hindustan Foods's EBIT is ₹1.7B making its interest coverage ratio 2.9. It has cash and short-term investments of ₹492.9M.
Key information
106.2%
Debt to equity ratio
₹6.86b
Debt
Interest coverage ratio | 2.9x |
Cash | ₹492.89m |
Equity | ₹6.46b |
Total liabilities | ₹12.79b |
Total assets | ₹19.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 519126's short term assets (₹8.7B) exceed its short term liabilities (₹6.9B).
Long Term Liabilities: 519126's short term assets (₹8.7B) exceed its long term liabilities (₹5.9B).
Debt to Equity History and Analysis
Debt Level: 519126's net debt to equity ratio (98.5%) is considered high.
Reducing Debt: 519126's debt to equity ratio has reduced from 154% to 106.2% over the past 5 years.
Debt Coverage: 519126's debt is not well covered by operating cash flow (12.6%).
Interest Coverage: 519126's interest payments on its debt are not well covered by EBIT (2.9x coverage).