HMA Agro Industries Balance Sheet Health
Financial Health criteria checks 4/6
HMA Agro Industries has a total shareholder equity of ₹7.8B and total debt of ₹5.4B, which brings its debt-to-equity ratio to 69.8%. Its total assets and total liabilities are ₹19.7B and ₹11.9B respectively. HMA Agro Industries's EBIT is ₹1.0B making its interest coverage ratio 10.3. It has cash and short-term investments of ₹1.3B.
Key information
69.8%
Debt to equity ratio
₹5.42b
Debt
| Interest coverage ratio | 10.3x |
| Cash | ₹1.28b |
| Equity | ₹7.77b |
| Total liabilities | ₹11.93b |
| Total assets | ₹19.69b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543929's short term assets (₹14.9B) exceed its short term liabilities (₹11.7B).
Long Term Liabilities: 543929's short term assets (₹14.9B) exceed its long term liabilities (₹251.6M).
Debt to Equity History and Analysis
Debt Level: 543929's net debt to equity ratio (53.4%) is considered high.
Reducing Debt: 543929's debt to equity ratio has reduced from 91.4% to 69.8% over the past 5 years.
Debt Coverage: 543929's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543929's interest payments on its debt are well covered by EBIT (10.3x coverage).