Hindalco Industries Balance Sheet Health
Financial Health criteria checks 5/6
Hindalco Industries has a total shareholder equity of ₹995.1B and total debt of ₹645.1B, which brings its debt-to-equity ratio to 64.8%. Its total assets and total liabilities are ₹2,247.4B and ₹1,252.4B respectively. Hindalco Industries's EBIT is ₹159.8B making its interest coverage ratio 4.8. It has cash and short-term investments of ₹167.7B.
Key information
64.8%
Debt to equity ratio
₹645.13b
Debt
Interest coverage ratio | 4.8x |
Cash | ₹167.68b |
Equity | ₹995.06b |
Total liabilities | ₹1.25t |
Total assets | ₹2.25t |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500440's short term assets (₹860.4B) exceed its short term liabilities (₹574.2B).
Long Term Liabilities: 500440's short term assets (₹860.4B) exceed its long term liabilities (₹678.2B).
Debt to Equity History and Analysis
Debt Level: 500440's net debt to equity ratio (48%) is considered high.
Reducing Debt: 500440's debt to equity ratio has reduced from 91.9% to 64.8% over the past 5 years.
Debt Coverage: 500440's debt is well covered by operating cash flow (32.5%).
Interest Coverage: 500440's interest payments on its debt are well covered by EBIT (4.8x coverage).