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 66.7%. Its total assets and total liabilities are ₹14.4B and ₹7.0B respectively. HMA Agro Industries's EBIT is ₹615.3M making its interest coverage ratio 6.8. It has cash and short-term investments of ₹1.2B.
Key information
66.7%
Debt to equity ratio
₹4.92b
Debt
| Interest coverage ratio | 6.8x |
| Cash | ₹1.15b |
| Equity | ₹7.37b |
| Total liabilities | ₹7.02b |
| Total assets | ₹14.39b |
Recent financial health updates
No updates
Recent updates
Why HMA Agro Industries' (NSE:HMAAGRO) Shaky Earnings Are Just The Beginning Of Its Problems
Jun 07
HMA Agro Industries Limited's (NSE:HMAAGRO) Price Is Right But Growth Is Lacking After Shares Rocket 25%
Apr 26Little Excitement Around HMA Agro Industries Limited's (NSE:HMAAGRO) Earnings As Shares Take 27% Pounding
Mar 12Financial Position Analysis
Short Term Liabilities: HMAAGRO's short term assets (₹9.7B) exceed its short term liabilities (₹6.7B).
Long Term Liabilities: HMAAGRO's short term assets (₹9.7B) exceed its long term liabilities (₹331.9M).
Debt to Equity History and Analysis
Debt Level: HMAAGRO's net debt to equity ratio (51.1%) is considered high.
Reducing Debt: HMAAGRO's debt to equity ratio has reduced from 92.1% to 66.7% over the past 5 years.
Debt Coverage: HMAAGRO's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: HMAAGRO's interest payments on its debt are well covered by EBIT (6.8x coverage).