HIL Balance Sheet Health
Financial Health criteria checks 5/6
HIL has a total shareholder equity of ₹12.6B and total debt of ₹4.3B, which brings its debt-to-equity ratio to 33.8%. Its total assets and total liabilities are ₹24.4B and ₹11.7B respectively. HIL's EBIT is ₹339.6M making its interest coverage ratio 0.9. It has cash and short-term investments of ₹1.3B.
Key information
33.8%
Debt to equity ratio
₹4.27b
Debt
Interest coverage ratio | 0.9x |
Cash | ₹1.34b |
Equity | ₹12.63b |
Total liabilities | ₹11.72b |
Total assets | ₹24.35b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 509675's short term assets (₹11.4B) exceed its short term liabilities (₹8.3B).
Long Term Liabilities: 509675's short term assets (₹11.4B) exceed its long term liabilities (₹3.4B).
Debt to Equity History and Analysis
Debt Level: 509675's net debt to equity ratio (23.2%) is considered satisfactory.
Reducing Debt: 509675's debt to equity ratio has reduced from 52.9% to 33.8% over the past 5 years.
Debt Coverage: 509675's debt is well covered by operating cash flow (47.8%).
Interest Coverage: 509675's interest payments on its debt are not well covered by EBIT (0.9x coverage).