HeidelbergCement India Balance Sheet Health
Financial Health criteria checks 6/6
HeidelbergCement India has a total shareholder equity of ₹13.9B and total debt of ₹2.0B, which brings its debt-to-equity ratio to 14%. Its total assets and total liabilities are ₹26.3B and ₹12.4B respectively. HeidelbergCement India's EBIT is ₹1.9B making its interest coverage ratio 152.4. It has cash and short-term investments of ₹5.5B.
Key information
14.0%
Debt to equity ratio
₹1.95b
Debt
Interest coverage ratio | 152.4x |
Cash | ₹5.53b |
Equity | ₹13.91b |
Total liabilities | ₹12.43b |
Total assets | ₹26.34b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500292's short term assets (₹11.3B) exceed its short term liabilities (₹8.8B).
Long Term Liabilities: 500292's short term assets (₹11.3B) exceed its long term liabilities (₹3.6B).
Debt to Equity History and Analysis
Debt Level: 500292 has more cash than its total debt.
Reducing Debt: 500292's debt to equity ratio has reduced from 43.9% to 14% over the past 5 years.
Debt Coverage: 500292's debt is well covered by operating cash flow (183.2%).
Interest Coverage: 500292's interest payments on its debt are well covered by EBIT (152.4x coverage).