Haldyn Glass Balance Sheet Health
Financial Health criteria checks 3/6
Haldyn Glass has a total shareholder equity of ₹1.9B and total debt of ₹967.9M, which brings its debt-to-equity ratio to 51.8%. Its total assets and total liabilities are ₹4.1B and ₹2.2B respectively. Haldyn Glass's EBIT is ₹191.9M making its interest coverage ratio 5.6. It has cash and short-term investments of ₹112.3M.
Key information
51.8%
Debt to equity ratio
₹967.87m
Debt
Interest coverage ratio | 5.6x |
Cash | ₹112.28m |
Equity | ₹1.87b |
Total liabilities | ₹2.23b |
Total assets | ₹4.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 515147's short term assets (₹1.0B) do not cover its short term liabilities (₹1.2B).
Long Term Liabilities: 515147's short term assets (₹1.0B) exceed its long term liabilities (₹1.0B).
Debt to Equity History and Analysis
Debt Level: 515147's net debt to equity ratio (45.8%) is considered high.
Reducing Debt: 515147's debt to equity ratio has increased from 4.8% to 51.8% over the past 5 years.
Debt Coverage: 515147's debt is well covered by operating cash flow (39.1%).
Interest Coverage: 515147's interest payments on its debt are well covered by EBIT (5.6x coverage).