Hipolin Balance Sheet Health
Financial Health criteria checks 3/6
Hipolin has a total shareholder equity of ₹110.9M and total debt of ₹21.7M, which brings its debt-to-equity ratio to 19.5%. Its total assets and total liabilities are ₹161.5M and ₹50.6M respectively.
Key information
19.5%
Debt to equity ratio
₹21.66m
Debt
| Interest coverage ratio | n/a |
| Cash | ₹2.70m |
| Equity | ₹110.87m |
| Total liabilities | ₹50.64m |
| Total assets | ₹161.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530853's short term assets (₹76.7M) exceed its short term liabilities (₹50.6M).
Long Term Liabilities: 530853 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 530853's net debt to equity ratio (17.1%) is considered satisfactory.
Reducing Debt: 530853's debt to equity ratio has increased from 6.7% to 19.5% 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.