Hariom Pipe Industries Balance Sheet Health
Financial Health criteria checks 5/6
Hariom Pipe Industries has a total shareholder equity of ₹5.5B and total debt of ₹3.3B, which brings its debt-to-equity ratio to 60.9%. Its total assets and total liabilities are ₹10.3B and ₹4.8B respectively. Hariom Pipe Industries's EBIT is ₹1.2B making its interest coverage ratio 3.2. It has cash and short-term investments of ₹23.5M.
Key information
60.9%
Debt to equity ratio
₹3.35b
Debt
| Interest coverage ratio | 3.2x |
| Cash | ₹23.55m |
| Equity | ₹5.50b |
| Total liabilities | ₹4.76b |
| Total assets | ₹10.25b |
Recent financial health updates
Recent updates
Hariom Pipe Industries (NSE:HARIOMPIPE) Seems To Use Debt Quite Sensibly
Aug 07
The Returns At Hariom Pipe Industries (NSE:HARIOMPIPE) Aren't Growing
Jul 16Hariom Pipe Industries' (NSE:HARIOMPIPE) Solid Earnings May Rest On Weak Foundations
May 27Hariom Pipe Industries Limited (NSE:HARIOMPIPE) Looks Just Right With A 28% Price Jump
Apr 13Do Hariom Pipe Industries' (NSE:HARIOMPIPE) Earnings Warrant Your Attention?
Apr 04Hariom Pipe Industries (NSE:HARIOMPIPE) Might Be Having Difficulty Using Its Capital Effectively
Nov 13Hariom Pipe Industries (NSE:HARIOMPIPE) May Have Issues Allocating Its Capital
Jun 02Market Participants Recognise Hariom Pipe Industries Limited's (NSE:HARIOMPIPE) Earnings Pushing Shares 26% Higher
Feb 13Financial Position Analysis
Short Term Liabilities: HARIOMPIPE's short term assets (₹5.7B) exceed its short term liabilities (₹3.6B).
Long Term Liabilities: HARIOMPIPE's short term assets (₹5.7B) exceed its long term liabilities (₹1.2B).
Debt to Equity History and Analysis
Debt Level: HARIOMPIPE's net debt to equity ratio (60.4%) is considered high.
Reducing Debt: HARIOMPIPE's debt to equity ratio has reduced from 146.9% to 60.9% over the past 5 years.
Debt Coverage: HARIOMPIPE's debt is well covered by operating cash flow (35.5%).
Interest Coverage: HARIOMPIPE's interest payments on its debt are well covered by EBIT (3.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 21:29 |
| End of Day Share Price | 2024/12/26 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Hariom Pipe Industries Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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