Huhtamaki India Balance Sheet Health
Financial Health criteria checks 5/6
Huhtamaki India has a total shareholder equity of ₹11.8B and total debt of ₹2.6B, which brings its debt-to-equity ratio to 21.9%. Its total assets and total liabilities are ₹20.4B and ₹8.6B respectively. Huhtamaki India's EBIT is ₹1.0B making its interest coverage ratio 6.5. It has cash and short-term investments of ₹3.2B.
Key information
21.9%
Debt to equity ratio
₹2.58b
Debt
| Interest coverage ratio | 6.5x |
| Cash | ₹3.20b |
| Equity | ₹11.77b |
| Total liabilities | ₹8.58b |
| Total assets | ₹20.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 509820's short term assets (₹12.9B) exceed its short term liabilities (₹5.9B).
Long Term Liabilities: 509820's short term assets (₹12.9B) 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 increased from 8.5% to 21.9% over the past 5 years.
Debt Coverage: 509820's debt is well covered by operating cash flow (69.5%).
Interest Coverage: 509820's interest payments on its debt are well covered by EBIT (6.5x coverage).