Hindusthan National Glass & Industries Balance Sheet Health
Financial Health criteria checks 1/6
Hindusthan National Glass & Industries has a total shareholder equity of ₹-7.7B and total debt of ₹22.6B, which brings its debt-to-equity ratio to -292.9%. Its total assets and total liabilities are ₹29.4B and ₹37.1B respectively. Hindusthan National Glass & Industries's EBIT is ₹1.4B making its interest coverage ratio 10.6. It has cash and short-term investments of ₹4.8B.
Key information
-292.9%
Debt to equity ratio
₹22.64b
Debt
| Interest coverage ratio | 10.6x |
| Cash | ₹4.85b |
| Equity | -₹7.73b |
| Total liabilities | ₹37.12b |
| Total assets | ₹29.39b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 515145 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 515145 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 515145 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 515145's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 515145's debt is not well covered by operating cash flow (9.9%).
Interest Coverage: 515145's interest payments on its debt are well covered by EBIT (10.6x coverage).