HP Adhesives Balance Sheet Health

Financial Health criteria checks 5/6

HP Adhesives has a total shareholder equity of ₹1.8B and total debt of ₹8.5M, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are ₹2.1B and ₹291.7M respectively. HP Adhesives's EBIT is ₹271.8M making its interest coverage ratio -82.1. It has cash and short-term investments of ₹188.5M.

Key information

0.5%

Debt to equity ratio

₹8.50m

Debt

Interest coverage ratio-82.1x
Cash₹188.51m
Equity₹1.76b
Total liabilities₹291.73m
Total assets₹2.05b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 543433's short term assets (₹1.3B) exceed its short term liabilities (₹273.8M).

Long Term Liabilities: 543433's short term assets (₹1.3B) exceed its long term liabilities (₹18.0M).


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 (2205.8%).

Interest Coverage: 543433 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Discover healthy companies