Hoac Foods India Limited

NSEI:HOACFOODS Stock Report

Market Cap: ₹719.6m

Hoac Foods India Balance Sheet Health

Financial Health criteria checks 3/6

Hoac Foods India has a total shareholder equity of ₹33.5M and total debt of ₹22.6M, which brings its debt-to-equity ratio to 67.3%. Its total assets and total liabilities are ₹79.6M and ₹46.1M respectively. Hoac Foods India's EBIT is ₹16.9M making its interest coverage ratio 5.2. It has cash and short-term investments of ₹4.4M.

Key information

67.3%

Debt to equity ratio

₹22.56m

Debt

Interest coverage ratio5.2x
Cash₹4.38m
Equity₹33.53m
Total liabilities₹46.08m
Total assets₹79.61m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: HOACFOODS's short term assets (₹70.0M) exceed its short term liabilities (₹37.8M).

Long Term Liabilities: HOACFOODS's short term assets (₹70.0M) exceed its long term liabilities (₹8.3M).


Debt to Equity History and Analysis

Debt Level: HOACFOODS's net debt to equity ratio (54.2%) is considered high.

Reducing Debt: Insufficient data to determine if HOACFOODS's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: HOACFOODS's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: HOACFOODS's interest payments on its debt are well covered by EBIT (5.2x coverage).


Balance Sheet


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