Hindprakash Industries Balance Sheet Health
Financial Health criteria checks 2/6
Hindprakash Industries has a total shareholder equity of ₹509.6M and total debt of ₹239.2M, which brings its debt-to-equity ratio to 46.9%. Its total assets and total liabilities are ₹877.1M and ₹367.5M respectively. Hindprakash Industries's EBIT is ₹28.3M making its interest coverage ratio 2.1. It has cash and short-term investments of ₹7.0M.
Key information
46.9%
Debt to equity ratio
₹239.23m
Debt
| Interest coverage ratio | 2.1x |
| Cash | ₹6.97m |
| Equity | ₹509.60m |
| Total liabilities | ₹367.52m |
| Total assets | ₹877.13m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 543645's short term assets (₹499.5M) exceed its short term liabilities (₹352.9M).
Long Term Liabilities: 543645's short term assets (₹499.5M) exceed its long term liabilities (₹14.6M).
Debt to Equity History and Analysis
Debt Level: 543645's net debt to equity ratio (45.6%) is considered high.
Reducing Debt: 543645's debt to equity ratio has increased from 39% to 46.9% over the past 5 years.
Debt Coverage: 543645's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 543645's interest payments on its debt are not well covered by EBIT (2.1x coverage).