Hindustan Copper Balance Sheet Health
Financial Health criteria checks 5/6
Hindustan Copper has a total shareholder equity of ₹21.9B and total debt of ₹2.9B, which brings its debt-to-equity ratio to 13.3%. Its total assets and total liabilities are ₹32.6B and ₹10.8B respectively. Hindustan Copper's EBIT is ₹3.8B making its interest coverage ratio -66.4. It has cash and short-term investments of ₹3.5B.
Key information
13.3%
Debt to equity ratio
₹2.91b
Debt
Interest coverage ratio | -66.4x |
Cash | ₹3.49b |
Equity | ₹21.88b |
Total liabilities | ₹10.76b |
Total assets | ₹32.64b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513599's short term assets (₹7.5B) do not cover its short term liabilities (₹7.6B).
Long Term Liabilities: 513599's short term assets (₹7.5B) exceed its long term liabilities (₹3.2B).
Debt to Equity History and Analysis
Debt Level: 513599 has more cash than its total debt.
Reducing Debt: 513599's debt to equity ratio has reduced from 60.3% to 13.3% over the past 5 years.
Debt Coverage: 513599's debt is well covered by operating cash flow (248.3%).
Interest Coverage: 513599 earns more interest than it pays, so coverage of interest payments is not a concern.