Hindustan Adhesives Financial Health

How is Hindustan Adhesives's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 514428's short term assets (₹889.4M) exceed its short term liabilities (₹725.9M).

Long Term Liabilities: 514428's short term assets (₹889.4M) exceed its long term liabilities (₹415.1M).


Debt to Equity History and Analysis

Debt Level: 514428's net debt to equity ratio (135.7%) is considered high.

Reducing Debt: 514428's debt to equity ratio has reduced from 138.2% to 136.6% over the past 5 years.

Debt Coverage: 514428's debt is well covered by operating cash flow (30.4%).

Interest Coverage: 514428's interest payments on its debt are well covered by EBIT (3.3x coverage).


Balance Sheet


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