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
Recent updates
These 4 Measures Indicate That Heranba Industries (NSE:HERANBA) Is Using Debt Reasonably Well
Dec 24
Subdued Growth No Barrier To Heranba Industries Limited (NSE:HERANBA) With Shares Advancing 27%
Aug 18Heranba 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).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 02:40 |
| End of Day Share Price | 2024/12/24 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
Heranba Industries Limited is covered by 2 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 |
|---|---|
| Satish Kumar | CGS International |
| Dane Leone | CGS International |