Himalaya Food International Balance Sheet Health
Financial Health criteria checks 4/6
Himalaya Food International has a total shareholder equity of ₹1.3B and total debt of ₹479.1M, which brings its debt-to-equity ratio to 35.6%. Its total assets and total liabilities are ₹2.1B and ₹749.7M respectively. Himalaya Food International's EBIT is ₹52.6M making its interest coverage ratio 17. It has cash and short-term investments of ₹4.2M.
Key information
35.6%
Debt to equity ratio
₹479.10m
Debt
Interest coverage ratio | 17x |
Cash | ₹4.20m |
Equity | ₹1.35b |
Total liabilities | ₹749.70m |
Total assets | ₹2.10b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 526899's short term assets (₹364.8M) do not cover its short term liabilities (₹652.4M).
Long Term Liabilities: 526899's short term assets (₹364.8M) exceed its long term liabilities (₹97.3M).
Debt to Equity History and Analysis
Debt Level: 526899's net debt to equity ratio (35.3%) is considered satisfactory.
Reducing Debt: 526899's debt to equity ratio has reduced from 282.7% to 35.6% over the past 5 years.
Debt Coverage: 526899's debt is not well covered by operating cash flow (18.1%).
Interest Coverage: 526899's interest payments on its debt are well covered by EBIT (17x coverage).