Haldyn Glass Balance Sheet Health
Financial Health criteria checks 1/6
Haldyn Glass has a total shareholder equity of ₹2.0B and total debt of ₹1.2B, which brings its debt-to-equity ratio to 61.6%. Its total assets and total liabilities are ₹4.5B and ₹2.5B respectively. Haldyn Glass's EBIT is ₹178.9M making its interest coverage ratio 1.5. It has cash and short-term investments of ₹110.9M.
Key information
61.6%
Debt to equity ratio
₹1.23b
Debt
| Interest coverage ratio | 1.5x |
| Cash | ₹110.89m |
| Equity | ₹2.00b |
| Total liabilities | ₹2.50b |
| Total assets | ₹4.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 515147's short term assets (₹1.4B) do not cover its short term liabilities (₹1.4B).
Long Term Liabilities: 515147's short term assets (₹1.4B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: 515147's net debt to equity ratio (56%) is considered high.
Reducing Debt: 515147's debt to equity ratio has increased from 5.6% to 61.6% over the past 5 years.
Debt Coverage: 515147's debt is not well covered by operating cash flow (15.4%).
Interest Coverage: 515147's interest payments on its debt are not well covered by EBIT (1.5x coverage).