Hindustan Tin Works Balance Sheet Health
Financial Health criteria checks 6/6
Hindustan Tin Works has a total shareholder equity of ₹2.0B and total debt of ₹698.3M, which brings its debt-to-equity ratio to 35.6%. Its total assets and total liabilities are ₹3.0B and ₹986.4M respectively. Hindustan Tin Works's EBIT is ₹276.5M making its interest coverage ratio 8. It has cash and short-term investments of ₹13.4M.
Key information
35.6%
Debt to equity ratio
₹698.33m
Debt
Interest coverage ratio | 8x |
Cash | ₹13.41m |
Equity | ₹1.96b |
Total liabilities | ₹986.36m |
Total assets | ₹2.95b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 530315's short term assets (₹1.9B) exceed its short term liabilities (₹689.5M).
Long Term Liabilities: 530315's short term assets (₹1.9B) exceed its long term liabilities (₹296.9M).
Debt to Equity History and Analysis
Debt Level: 530315's net debt to equity ratio (34.9%) is considered satisfactory.
Reducing Debt: 530315's debt to equity ratio has reduced from 65.2% to 35.6% over the past 5 years.
Debt Coverage: 530315's debt is well covered by operating cash flow (29.9%).
Interest Coverage: 530315's interest payments on its debt are well covered by EBIT (8x coverage).