Heranba Industries Balance Sheet Health
Financial Health criteria checks 5/6
Heranba Industries has a total shareholder equity of ₹9.0B and total debt of ₹2.3B, which brings its debt-to-equity ratio to 25.8%. Its total assets and total liabilities are ₹17.5B and ₹8.5B respectively. Heranba Industries's EBIT is ₹1.0B making its interest coverage ratio 7.7. It has cash and short-term investments of ₹385.1M.
Key information
25.8%
Debt to equity ratio
₹2.33b
Debt
| Interest coverage ratio | 7.7x |
| Cash | ₹385.10m |
| Equity | ₹9.02b |
| Total liabilities | ₹8.49b |
| Total assets | ₹17.51b |
Recent financial health updates
No updates
Recent updates
Subdued Growth No Barrier To Heranba Industries Limited (NSE:HERANBA) With Shares Advancing 27%
Aug 18
Heranba Industries Limited's (NSE:HERANBA) 26% Share Price Surge Not Quite Adding Up
Jul 02We Think That There Are More Issues For Heranba Industries (NSE:HERANBA) Than Just Sluggish Earnings
Jun 03There Are Reasons To Feel Uneasy About Heranba Industries' (NSE:HERANBA) Returns On Capital
Oct 18The Market Doesn't Like What It Sees From Heranba Industries Limited's (NSE:HERANBA) Earnings Yet As Shares Tumble 25%
Jan 31Heranba Industries' (NSE:HERANBA) Solid Profits Have Weak Fundamentals
Jun 17Financial Position Analysis
Short Term Liabilities: HERANBA's short term assets (₹10.4B) exceed its short term liabilities (₹7.9B).
Long Term Liabilities: HERANBA's short term assets (₹10.4B) exceed its long term liabilities (₹579.9M).
Debt to Equity History and Analysis
Debt Level: HERANBA's net debt to equity ratio (21.6%) is considered satisfactory.
Reducing Debt: HERANBA's debt to equity ratio has increased from 17% to 25.8% over the past 5 years.
Debt Coverage: HERANBA's debt is well covered by operating cash flow (49.8%).
Interest Coverage: HERANBA's interest payments on its debt are well covered by EBIT (7.7x coverage).