Hindustan Fluorocarbons Balance Sheet Health
Financial Health criteria checks 1/6
Hindustan Fluorocarbons has a total shareholder equity of ₹-827.0M and total debt of ₹1.2B, which brings its debt-to-equity ratio to -149.5%. Its total assets and total liabilities are ₹636.5M and ₹1.5B respectively. Hindustan Fluorocarbons's EBIT is ₹12.3M making its interest coverage ratio 12273. It has cash and short-term investments of ₹272.9M.
Key information
-149.5%
Debt to equity ratio
₹1.24b
Debt
Interest coverage ratio | 12273x |
Cash | ₹272.87m |
Equity | -₹826.96m |
Total liabilities | ₹1.46b |
Total assets | ₹636.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524013 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 524013 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: 524013 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 524013's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 524013's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 524013's interest payments on its debt are well covered by EBIT (12273x coverage).