HMA Agro Industries Balance Sheet Health
Financial Health criteria checks 3/6
HMA Agro Industries has a total shareholder equity of ₹6.9B and total debt of ₹3.4B, which brings its debt-to-equity ratio to 49.9%. Its total assets and total liabilities are ₹12.8B and ₹5.9B respectively. HMA Agro Industries's EBIT is ₹1.4B making its interest coverage ratio 17.1. It has cash and short-term investments of ₹623.1M.
Key information
49.9%
Debt to equity ratio
₹3.43b
Debt
Interest coverage ratio | 17.1x |
Cash | ₹623.09m |
Equity | ₹6.86b |
Total liabilities | ₹5.89b |
Total assets | ₹12.75b |
Financial Position Analysis
Short Term Liabilities: HMAAGRO's short term assets (₹8.6B) exceed its short term liabilities (₹5.5B).
Long Term Liabilities: HMAAGRO's short term assets (₹8.6B) exceed its long term liabilities (₹389.2M).
Debt to Equity History and Analysis
Debt Level: HMAAGRO's net debt to equity ratio (40.8%) is considered high.
Reducing Debt: Insufficient data to determine if HMAAGRO's debt to equity ratio has reduced 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 (17.1x coverage).