Hindustan Copper Balance Sheet Health
Financial Health criteria checks 6/6
Hindustan Copper has a total shareholder equity of ₹22.9B and total debt of ₹2.2B, which brings its debt-to-equity ratio to 9.7%. Its total assets and total liabilities are ₹32.7B and ₹9.8B respectively. Hindustan Copper's EBIT is ₹5.2B making its interest coverage ratio 33.9. It has cash and short-term investments of ₹743.6M.
Key information
9.7%
Debt to equity ratio
₹2.22b
Debt
| Interest coverage ratio | 33.9x |
| Cash | ₹743.60m |
| Equity | ₹22.85b |
| Total liabilities | ₹9.85b |
| Total assets | ₹32.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 513599's short term assets (₹5.9B) exceed its short term liabilities (₹5.6B).
Long Term Liabilities: 513599's short term assets (₹5.9B) exceed its long term liabilities (₹4.3B).
Debt to Equity History and Analysis
Debt Level: 513599's net debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: 513599's debt to equity ratio has reduced from 65.6% to 9.7% over the past 5 years.
Debt Coverage: 513599's debt is well covered by operating cash flow (131.3%).
Interest Coverage: 513599's interest payments on its debt are well covered by EBIT (33.9x coverage).