Hindcon Chemicals Balance Sheet Health
Financial Health criteria checks 6/6
Hindcon Chemicals has a total shareholder equity of ₹536.3M and total debt of ₹6.1M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are ₹639.3M and ₹103.0M respectively. Hindcon Chemicals's EBIT is ₹43.4M making its interest coverage ratio -3.1. It has cash and short-term investments of ₹104.9M.
Key information
1.1%
Debt to equity ratio
₹6.07m
Debt
Interest coverage ratio | -3.1x |
Cash | ₹104.88m |
Equity | ₹536.33m |
Total liabilities | ₹103.02m |
Total assets | ₹639.35m |
Recent financial health updates
No updates
Recent updates
There's Reason For Concern Over Hindcon Chemicals Limited's (NSE:HINDCON) Price
Nov 02Shareholders May Be More Conservative With Hindcon Chemicals Limited's (NSE:HINDCON) CEO Compensation For Now
Aug 14Risks Still Elevated At These Prices As Hindcon Chemicals Limited (NSE:HINDCON) Shares Dive 26%
Mar 21With EPS Growth And More, Hindcon Chemicals (NSE:HINDCON) Makes An Interesting Case
Feb 15What Hindcon Chemicals Limited's (NSE:HINDCON) 31% Share Price Gain Is Not Telling You
Dec 19Is Now The Time To Put Hindcon Chemicals (NSE:HINDCON) On Your Watchlist?
Nov 11Hindcon Chemicals (NSE:HINDCON) Is Increasing Its Dividend To ₹1.50
Aug 14Is Hindcon Chemicals Limited (NSE:HINDCON) An Attractive Dividend Stock?
May 03Estimating The Fair Value Of Hindcon Chemicals Limited (NSE:HINDCON)
Feb 20Should Hindcon Chemicals Limited (NSE:HINDCON) Be Part Of Your Dividend Portfolio?
Jan 16Whole Time Director Nilima Goenka Just Bought 1.1% More Shares In Hindcon Chemicals Limited (NSE:HINDCON)
Dec 21Trade Alert: The MD & Director Of Hindcon Chemicals Limited (NSE:HINDCON), Sanjay Goenka, Has Just Spent ₹209k Buying A Few More Shares
Dec 07Read This Before Selling Hindcon Chemicals Limited (NSE:HINDCON) Shares
Nov 19Financial Position Analysis
Short Term Liabilities: HINDCON's short term assets (₹448.4M) exceed its short term liabilities (₹100.1M).
Long Term Liabilities: HINDCON's short term assets (₹448.4M) exceed its long term liabilities (₹2.9M).
Debt to Equity History and Analysis
Debt Level: HINDCON has more cash than its total debt.
Reducing Debt: HINDCON's debt to equity ratio has reduced from 1.5% to 1.1% over the past 5 years.
Debt Coverage: HINDCON's debt is well covered by operating cash flow (943.4%).
Interest Coverage: HINDCON earns more interest than it pays, so coverage of interest payments is not a concern.