Haryana Leather Chemicals Balance Sheet Health
Financial Health criteria checks 4/6
Haryana Leather Chemicals has a total shareholder equity of ₹376.9M and total debt of ₹4.1M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are ₹446.7M and ₹69.8M respectively. Haryana Leather Chemicals's EBIT is ₹26.3M making its interest coverage ratio -4.6. It has cash and short-term investments of ₹14.6M.
Key information
1.1%
Debt to equity ratio
₹4.07m
Debt
Interest coverage ratio | -4.6x |
Cash | ₹14.56m |
Equity | ₹376.90m |
Total liabilities | ₹69.84m |
Total assets | ₹446.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524080's short term assets (₹159.2M) exceed its short term liabilities (₹56.6M).
Long Term Liabilities: 524080's short term assets (₹159.2M) exceed its long term liabilities (₹13.3M).
Debt to Equity History and Analysis
Debt Level: 524080 has more cash than its total debt.
Reducing Debt: 524080's debt to equity ratio has increased from 0.8% to 1.1% over the past 5 years.
Debt Coverage: 524080's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 524080 earns more interest than it pays, so coverage of interest payments is not a concern.