Harrisons Malayalam Balance Sheet Health
Financial Health criteria checks 3/6
Harrisons Malayalam has a total shareholder equity of ₹1.4B and total debt of ₹927.0M, which brings its debt-to-equity ratio to 66.5%. Its total assets and total liabilities are ₹4.8B and ₹3.4B respectively. Harrisons Malayalam's EBIT is ₹63.1M making its interest coverage ratio 0.5. It has cash and short-term investments of ₹13.7M.
Key information
66.5%
Debt to equity ratio
₹927.01m
Debt
| Interest coverage ratio | 0.5x |
| Cash | ₹13.71m |
| Equity | ₹1.39b |
| Total liabilities | ₹3.39b |
| Total assets | ₹4.79b |
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
There's Reason For Concern Over Harrisons Malayalam Limited's (NSE:HARRMALAYA) Massive 27% Price Jump
Dec 25Harrisons Malayalam's (NSE:HARRMALAYA) Returns On Capital Are Heading Higher
Dec 14Optimistic Investors Push Harrisons Malayalam Limited (NSE:HARRMALAYA) Shares Up 31% But Growth Is Lacking
Jul 03Harrisons Malayalam (NSE:HARRMALAYA) Is Experiencing Growth In Returns On Capital
Jun 05Estimating 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 (₹968.6M) do not cover its short term liabilities (₹2.5B).
Long Term Liabilities: HARRMALAYA's short term assets (₹968.6M) exceed its long term liabilities (₹873.6M).
Debt to Equity History and Analysis
Debt Level: HARRMALAYA's net debt to equity ratio (65.5%) is considered high.
Reducing Debt: HARRMALAYA's debt to equity ratio has reduced from 144.1% to 66.5% over the past 5 years.
Debt Coverage: HARRMALAYA's debt is well covered by operating cash flow (47.3%).
Interest Coverage: HARRMALAYA's interest payments on its debt are not well covered by EBIT (0.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/13 18:58 |
| End of Day Share Price | 2025/01/13 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Harrisons Malayalam Limited is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | CRISIL Research |
| Sanjay Manyal | ICICIdirect.com |