Halder Venture Balance Sheet Health
Financial Health criteria checks 2/6
Halder Venture has a total shareholder equity of ₹1.3B and total debt of ₹2.0B, which brings its debt-to-equity ratio to 157.9%. Its total assets and total liabilities are ₹3.9B and ₹2.7B respectively. Halder Venture's EBIT is ₹212.0M making its interest coverage ratio 1.5. It has cash and short-term investments of ₹8.6M.
Key information
157.9%
Debt to equity ratio
₹2.00b
Debt
Interest coverage ratio | 1.5x |
Cash | ₹8.65m |
Equity | ₹1.26b |
Total liabilities | ₹2.68b |
Total assets | ₹3.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539854's short term assets (₹3.4B) exceed its short term liabilities (₹2.5B).
Long Term Liabilities: 539854's short term assets (₹3.4B) exceed its long term liabilities (₹156.8M).
Debt to Equity History and Analysis
Debt Level: 539854's net debt to equity ratio (157.2%) is considered high.
Reducing Debt: 539854's debt to equity ratio has increased from 98.6% to 157.9% over the past 5 years.
Debt Coverage: 539854's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 539854's interest payments on its debt are not well covered by EBIT (1.5x coverage).