Hindprakash Industries Balance Sheet Health
Financial Health criteria checks 3/6
Hindprakash Industries has a total shareholder equity of ₹501.8M and total debt of ₹223.4M, which brings its debt-to-equity ratio to 44.5%. Its total assets and total liabilities are ₹847.0M and ₹345.1M respectively. Hindprakash Industries's EBIT is ₹34.7M making its interest coverage ratio 1.3. It has cash and short-term investments of ₹5.6M.
Key information
44.5%
Debt to equity ratio
₹223.44m
Debt
Interest coverage ratio | 1.3x |
Cash | ₹5.58m |
Equity | ₹501.84m |
Total liabilities | ₹345.12m |
Total assets | ₹846.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543645's short term assets (₹499.9M) exceed its short term liabilities (₹325.8M).
Long Term Liabilities: 543645's short term assets (₹499.9M) exceed its long term liabilities (₹19.3M).
Debt to Equity History and Analysis
Debt Level: 543645's net debt to equity ratio (43.4%) is considered high.
Reducing Debt: 543645's debt to equity ratio has reduced from 78.2% to 44.5% over the past 5 years.
Debt Coverage: 543645's debt is not well covered by operating cash flow (14.5%).
Interest Coverage: 543645's interest payments on its debt are not well covered by EBIT (1.3x coverage).