Hind Aluminium Industries Balance Sheet Health
Financial Health criteria checks 4/6
Hind Aluminium Industries has a total shareholder equity of ₹830.0M and total debt of ₹2.7M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are ₹839.3M and ₹9.3M respectively.
Key information
0.3%
Debt to equity ratio
₹2.70m
Debt
Interest coverage ratio | n/a |
Cash | ₹1.90m |
Equity | ₹830.00m |
Total liabilities | ₹9.30m |
Total assets | ₹839.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531979's short term assets (₹212.8M) exceed its short term liabilities (₹7.8M).
Long Term Liabilities: 531979's short term assets (₹212.8M) exceed its long term liabilities (₹1.5M).
Debt to Equity History and Analysis
Debt Level: 531979's net debt to equity ratio (0.1%) is considered satisfactory.
Reducing Debt: 531979's debt to equity ratio has reduced from 128.1% to 0.3% over the past 5 years.
Debt Coverage: 531979's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 531979's interest payments on its debt are well covered by EBIT.