Hindustan Tin Works Balance Sheet Health
Financial Health criteria checks 5/6
Hindustan Tin Works has a total shareholder equity of ₹2.0B and total debt of ₹824.5M, which brings its debt-to-equity ratio to 40.2%. Its total assets and total liabilities are ₹3.2B and ₹1.1B respectively. Hindustan Tin Works's EBIT is ₹167.8M making its interest coverage ratio 2.2. It has cash and short-term investments of ₹26.1M.
Key information
40.2%
Debt to equity ratio
₹824.54m
Debt
| Interest coverage ratio | 2.2x |
| Cash | ₹26.12m |
| Equity | ₹2.05b |
| Total liabilities | ₹1.11b |
| Total assets | ₹3.16b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530315's short term assets (₹2.0B) exceed its short term liabilities (₹769.0M).
Long Term Liabilities: 530315's short term assets (₹2.0B) exceed its long term liabilities (₹343.3M).
Debt to Equity History and Analysis
Debt Level: 530315's net debt to equity ratio (39%) is considered satisfactory.
Reducing Debt: 530315's debt to equity ratio has reduced from 57.6% to 40.2% over the past 5 years.
Debt Coverage: 530315's debt is well covered by operating cash flow (22.6%).
Interest Coverage: 530315's interest payments on its debt are not well covered by EBIT (2.2x coverage).