Hemant Surgical Industries Balance Sheet Health
Financial Health criteria checks 5/6
Hemant Surgical Industries has a total shareholder equity of ₹236.0M and total debt of ₹71.2M, which brings its debt-to-equity ratio to 30.2%. Its total assets and total liabilities are ₹649.1M and ₹413.1M respectively. Hemant Surgical Industries's EBIT is ₹97.2M making its interest coverage ratio 8.2. It has cash and short-term investments of ₹84.6M.
Key information
30.2%
Debt to equity ratio
₹71.19m
Debt
Interest coverage ratio | 8.2x |
Cash | ₹84.57m |
Equity | ₹235.99m |
Total liabilities | ₹413.09m |
Total assets | ₹649.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543916's short term assets (₹467.1M) exceed its short term liabilities (₹379.3M).
Long Term Liabilities: 543916's short term assets (₹467.1M) exceed its long term liabilities (₹33.8M).
Debt to Equity History and Analysis
Debt Level: 543916 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 543916's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543916's debt is well covered by operating cash flow (121.4%).
Interest Coverage: 543916's interest payments on its debt are well covered by EBIT (8.2x coverage).