Hipolin Balance Sheet Health
Financial Health criteria checks 4/6
Hipolin has a total shareholder equity of ₹115.8M and total debt of ₹12.0M, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are ₹148.4M and ₹32.6M respectively.
Key information
10.3%
Debt to equity ratio
₹11.96m
Debt
Interest coverage ratio | n/a |
Cash | ₹3.70m |
Equity | ₹115.80m |
Total liabilities | ₹32.58m |
Total assets | ₹148.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530853's short term assets (₹38.6M) exceed its short term liabilities (₹32.6M).
Long Term Liabilities: 530853 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 530853's net debt to equity ratio (7.1%) is considered satisfactory.
Reducing Debt: 530853's debt to equity ratio has reduced from 12.3% to 10.3% over the past 5 years.
Debt Coverage: 530853's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 530853's interest payments on its debt are well covered by EBIT.