HMA Agro Industries Balance Sheet Health
Financial Health criteria checks 4/6
HMA Agro Industries has a total shareholder equity of ₹7.4B and total debt of ₹4.9B, which brings its debt-to-equity ratio to 66.4%. Its total assets and total liabilities are ₹14.4B and ₹7.0B respectively. HMA Agro Industries's EBIT is ₹980.7M making its interest coverage ratio 7.2. It has cash and short-term investments of ₹1.2B.
Key information
66.4%
Debt to equity ratio
₹4.89b
Debt
Interest coverage ratio | 7.2x |
Cash | ₹1.15b |
Equity | ₹7.37b |
Total liabilities | ₹7.02b |
Total assets | ₹14.39b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543929's short term assets (₹9.7B) exceed its short term liabilities (₹6.7B).
Long Term Liabilities: 543929's short term assets (₹9.7B) exceed its long term liabilities (₹331.9M).
Debt to Equity History and Analysis
Debt Level: 543929's net debt to equity ratio (50.7%) is considered high.
Reducing Debt: 543929's debt to equity ratio has reduced from 93% to 66.4% 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 (7.2x coverage).