Hi-Green Carbon Balance Sheet Health
Financial Health criteria checks 4/6
Hi-Green Carbon has a total shareholder equity of ₹808.3M and total debt of ₹390.2M, which brings its debt-to-equity ratio to 48.3%. Its total assets and total liabilities are ₹1.3B and ₹458.7M respectively. Hi-Green Carbon's EBIT is ₹135.8M making its interest coverage ratio 18.7. It has cash and short-term investments of ₹101.5M.
Key information
48.3%
Debt to equity ratio
₹390.22m
Debt
| Interest coverage ratio | 18.7x |
| Cash | ₹101.50m |
| Equity | ₹808.32m |
| Total liabilities | ₹458.69m |
| Total assets | ₹1.27b |
Recent financial health updates
We Think Hi-Green Carbon (NSE:HIGREEN) Is Taking Some Risk With Its Debt
Jan 04
These 4 Measures Indicate That Hi-Green Carbon (NSE:HIGREEN) Is Using Debt Extensively
Jun 29Recent updates
We Think Hi-Green Carbon (NSE:HIGREEN) Is Taking Some Risk With Its Debt
Jan 04We Think You Should Be Aware Of Some Concerning Factors In Hi-Green Carbon's (NSE:HIGREEN) Earnings
Nov 21Investors Appear Satisfied With Hi-Green Carbon Limited's (NSE:HIGREEN) Prospects As Shares Rocket 27%
Oct 24Hi-Green Carbon (NSE:HIGREEN) Might Have The Makings Of A Multi-Bagger
Oct 15Market Participants Recognise Hi-Green Carbon Limited's (NSE:HIGREEN) Earnings Pushing Shares 30% Higher
Sep 06These 4 Measures Indicate That Hi-Green Carbon (NSE:HIGREEN) Is Using Debt Extensively
Jun 29Investors Holding Back On Hi-Green Carbon Limited (NSE:HIGREEN)
May 25Financial Position Analysis
Short Term Liabilities: HIGREEN's short term assets (₹458.7M) exceed its short term liabilities (₹192.4M).
Long Term Liabilities: HIGREEN's short term assets (₹458.7M) exceed its long term liabilities (₹266.3M).
Debt to Equity History and Analysis
Debt Level: HIGREEN's net debt to equity ratio (35.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if HIGREEN's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: HIGREEN's debt is not well covered by operating cash flow (5.4%).
Interest Coverage: HIGREEN's interest payments on its debt are well covered by EBIT (18.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/07 15:47 |
| End of Day Share Price | 2025/01/07 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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Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Hi-Green Carbon 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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