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
Recent updates
We Think You Should Be Aware Of Some Concerning Factors In Hi-Green Carbon's (NSE:HIGREEN) Earnings
Nov 21
Investors 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).