Heranba Industries Balance Sheet Health
Financial Health criteria checks 5/6
Heranba Industries has a total shareholder equity of ₹8.3B and total debt of ₹880.6M, which brings its debt-to-equity ratio to 10.7%. Its total assets and total liabilities are ₹13.8B and ₹5.5B respectively. Heranba Industries's EBIT is ₹673.1M making its interest coverage ratio 13.4. It has cash and short-term investments of ₹450.8M.
Key information
10.7%
Debt to equity ratio
₹880.60m
Debt
Interest coverage ratio | 13.4x |
Cash | ₹450.80m |
Equity | ₹8.27b |
Total liabilities | ₹5.54b |
Total assets | ₹13.81b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543266's short term assets (₹9.5B) exceed its short term liabilities (₹5.4B).
Long Term Liabilities: 543266's short term assets (₹9.5B) exceed its long term liabilities (₹137.9M).
Debt to Equity History and Analysis
Debt Level: 543266's net debt to equity ratio (5.2%) is considered satisfactory.
Reducing Debt: 543266's debt to equity ratio has reduced from 26.7% to 10.7% over the past 5 years.
Debt Coverage: Insufficient data to determine if 543266's debt is well covered by operating cash flow.
Interest Coverage: 543266's interest payments on its debt are well covered by EBIT (13.4x coverage).