Harrisons Malayalam Balance Sheet Health
Financial Health criteria checks 3/6
Harrisons Malayalam has a total shareholder equity of ₹1.5B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 72%. Its total assets and total liabilities are ₹4.9B and ₹3.4B respectively. Harrisons Malayalam's EBIT is ₹67.2M making its interest coverage ratio 0.5. It has cash and short-term investments of ₹14.2M.
Key information
72.0%
Debt to equity ratio
₹1.07b
Debt
| Interest coverage ratio | 0.5x |
| Cash | ₹14.17m |
| Equity | ₹1.49b |
| Total liabilities | ₹3.38b |
| Total assets | ₹4.87b |
Recent financial health updates
Harrisons Malayalam (NSE:HARRMALAYA) Use Of Debt Could Be Considered Risky
Sep 20
Harrisons Malayalam (NSE:HARRMALAYA) Has A Pretty Healthy Balance Sheet
Feb 11Harrisons Malayalam (NSE:HARRMALAYA) Has A Pretty Healthy Balance Sheet
Jul 12Is Harrisons Malayalam (NSE:HARRMALAYA) Using Too Much Debt?
Mar 16We Think Harrisons Malayalam (NSE:HARRMALAYA) Is Taking Some Risk With Its Debt
Dec 01
Recent updates
Estimating The Fair Value Of Harrisons Malayalam Limited (NSE:HARRMALAYA)
Mar 21What Harrisons Malayalam Limited's (NSE:HARRMALAYA) 27% Share Price Gain Is Not Telling You
Feb 23Returns On Capital Are Showing Encouraging Signs At Harrisons Malayalam (NSE:HARRMALAYA)
Jan 31Harrisons Malayalam Limited's (NSE:HARRMALAYA) Price Is Out Of Tune With Revenues
Dec 22Harrisons Malayalam (NSE:HARRMALAYA) Shareholders Will Want The ROCE Trajectory To Continue
Oct 27Harrisons Malayalam (NSE:HARRMALAYA) Use Of Debt Could Be Considered Risky
Sep 20Harrisons Malayalam (NSE:HARRMALAYA) Shareholders Will Want The ROCE Trajectory To Continue
Sep 27Returns On Capital Are Showing Encouraging Signs At Harrisons Malayalam (NSE:HARRMALAYA)
May 05Harrisons Malayalam (NSE:HARRMALAYA) Has A Pretty Healthy Balance Sheet
Feb 11Harrisons Malayalam (NSE:HARRMALAYA) Is Investing Its Capital With Increasing Efficiency
Dec 20The Trend Of High Returns At Harrisons Malayalam (NSE:HARRMALAYA) Has Us Very Interested
Aug 11Harrisons Malayalam (NSE:HARRMALAYA) Has A Pretty Healthy Balance Sheet
Jul 12Investors Shouldn't Overlook Harrisons Malayalam's (NSE:HARRMALAYA) Impressive Returns On Capital
May 10Is Harrisons Malayalam (NSE:HARRMALAYA) Using Too Much Debt?
Mar 16Should You Be Excited About Harrisons Malayalam Limited's (NSE:HARRMALAYA) 21% Return On Equity?
Feb 17What Can The Trends At Harrisons Malayalam (NSE:HARRMALAYA) Tell Us About Their Returns?
Jan 22Does Harrisons Malayalam's (NSE:HARRMALAYA) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 27We Think Harrisons Malayalam (NSE:HARRMALAYA) Is Taking Some Risk With Its Debt
Dec 01Is Harrisons Malayalam Limited's (NSE:HARRMALAYA) 11% ROE Better Than Average?
Nov 02What We Make Of Harrisons Malayalam's (NSE:HARRMALAYA) Returns On Capital
Sep 10Are Harrisons Malayalam's (NSE:HARRMALAYA) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Aug 07Is Harrisons Malayalam Limited's (NSE:HARRMALAYA) 12% ROE Better Than Average?
Jul 11Financial Position Analysis
Short Term Liabilities: HARRMALAYA's short term assets (₹1.2B) do not cover its short term liabilities (₹2.4B).
Long Term Liabilities: HARRMALAYA's short term assets (₹1.2B) exceed its long term liabilities (₹981.5M).
Debt to Equity History and Analysis
Debt Level: HARRMALAYA's net debt to equity ratio (71%) is considered high.
Reducing Debt: HARRMALAYA's debt to equity ratio has reduced from 135.4% to 72% over the past 5 years.
Debt Coverage: HARRMALAYA's debt is well covered by operating cash flow (35%).
Interest Coverage: HARRMALAYA's interest payments on its debt are not well covered by EBIT (0.5x coverage).