Hindalco Industries Balance Sheet Health
Financial Health criteria checks 6/6
Hindalco Industries has a total shareholder equity of ₹1,151.9B and total debt of ₹630.0B, which brings its debt-to-equity ratio to 54.7%. Its total assets and total liabilities are ₹2,522.6B and ₹1,370.8B respectively. Hindalco Industries's EBIT is ₹211.7B making its interest coverage ratio 8. It has cash and short-term investments of ₹179.8B.
Key information
54.7%
Debt to equity ratio
₹630.01b
Debt
| Interest coverage ratio | 8x |
| Cash | ₹179.77b |
| Equity | ₹1.15t |
| Total liabilities | ₹1.37t |
| Total assets | ₹2.52t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500440's short term assets (₹940.8B) exceed its short term liabilities (₹688.9B).
Long Term Liabilities: 500440's short term assets (₹940.8B) exceed its long term liabilities (₹681.9B).
Debt to Equity History and Analysis
Debt Level: 500440's net debt to equity ratio (39.1%) is considered satisfactory.
Reducing Debt: 500440's debt to equity ratio has reduced from 95.2% to 54.7% over the past 5 years.
Debt Coverage: 500440's debt is well covered by operating cash flow (42%).
Interest Coverage: 500440's interest payments on its debt are well covered by EBIT (8x coverage).