Honasa Consumer Balance Sheet Health
Financial Health criteria checks 5/6
Honasa Consumer has a total shareholder equity of ₹11.0B and total debt of ₹1.3B, which brings its debt-to-equity ratio to 12%. Its total assets and total liabilities are ₹16.3B and ₹5.4B respectively. Honasa Consumer's EBIT is ₹1.2B making its interest coverage ratio -8.5. It has cash and short-term investments of ₹7.6B.
Key information
12.0%
Debt to equity ratio
₹1.31b
Debt
| Interest coverage ratio | -8.5x |
| Cash | ₹7.56b |
| Equity | ₹10.95b |
| Total liabilities | ₹5.37b |
| Total assets | ₹16.32b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: HONASA's short term assets (₹11.3B) exceed its short term liabilities (₹4.1B).
Long Term Liabilities: HONASA's short term assets (₹11.3B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: HONASA has more cash than its total debt.
Reducing Debt: Insufficient data to determine if HONASA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: HONASA's debt is well covered by operating cash flow (179.7%).
Interest Coverage: HONASA earns more interest than it pays, so coverage of interest payments is not a concern.