Huhtamaki India Balance Sheet Health
Financial Health criteria checks 6/6
Huhtamaki India has a total shareholder equity of ₹11.5B and total debt of ₹2.5B, which brings its debt-to-equity ratio to 22.1%. Its total assets and total liabilities are ₹20.0B and ₹8.5B respectively. Huhtamaki India's EBIT is ₹1.4B making its interest coverage ratio 6. It has cash and short-term investments of ₹3.9B.
Key information
22.1%
Debt to equity ratio
₹2.55b
Debt
| Interest coverage ratio | 6x |
| Cash | ₹3.91b |
| Equity | ₹11.50b |
| Total liabilities | ₹8.51b |
| Total assets | ₹20.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 509820's short term assets (₹12.6B) exceed its short term liabilities (₹5.9B).
Long Term Liabilities: 509820's short term assets (₹12.6B) exceed its long term liabilities (₹2.7B).
Debt to Equity History and Analysis
Debt Level: 509820 has more cash than its total debt.
Reducing Debt: 509820's debt to equity ratio has reduced from 72.4% to 22.1% over the past 5 years.
Debt Coverage: 509820's debt is well covered by operating cash flow (107.5%).
Interest Coverage: 509820's interest payments on its debt are well covered by EBIT (6x coverage).