Hindustan Adhesives Financial Health
How is Hindustan Adhesives's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
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).