HP Adhesives Balance Sheet Health
Financial Health criteria checks 5/6
HP Adhesives has a total shareholder equity of ₹1.7B and total debt of ₹31.6M, which brings its debt-to-equity ratio to 1.9%. Its total assets and total liabilities are ₹2.0B and ₹289.2M respectively. HP Adhesives's EBIT is ₹276.8M making its interest coverage ratio 13.9. It has cash and short-term investments of ₹273.0M.
Key information
1.9%
Debt to equity ratio
₹31.64m
Debt
| Interest coverage ratio | 13.9x |
| Cash | ₹272.98m |
| Equity | ₹1.69b |
| Total liabilities | ₹289.17m |
| Total assets | ₹1.98b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543433's short term assets (₹1.2B) exceed its short term liabilities (₹266.0M).
Long Term Liabilities: 543433's short term assets (₹1.2B) exceed its long term liabilities (₹23.1M).
Debt to Equity History and Analysis
Debt Level: 543433 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 543433's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 543433's debt is well covered by operating cash flow (720%).
Interest Coverage: 543433's interest payments on its debt are well covered by EBIT (13.9x coverage).