Hindcon Chemicals Limited

NSEI:HINDCON Stock Report

Market Cap: ₹2.0b

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 02
There's Reason For Concern Over Hindcon Chemicals Limited's (NSE:HINDCON) Price

Shareholders May Be More Conservative With Hindcon Chemicals Limited's (NSE:HINDCON) CEO Compensation For Now

Aug 14
Shareholders May Be More Conservative With Hindcon Chemicals Limited's (NSE:HINDCON) CEO Compensation For Now

Risks Still Elevated At These Prices As Hindcon Chemicals Limited (NSE:HINDCON) Shares Dive 26%

Mar 21
Risks Still Elevated At These Prices As Hindcon Chemicals Limited (NSE:HINDCON) Shares Dive 26%

With EPS Growth And More, Hindcon Chemicals (NSE:HINDCON) Makes An Interesting Case

Feb 15
With EPS Growth And More, Hindcon Chemicals (NSE:HINDCON) Makes An Interesting Case

What Hindcon Chemicals Limited's (NSE:HINDCON) 31% Share Price Gain Is Not Telling You

Dec 19
What Hindcon Chemicals Limited's (NSE:HINDCON) 31% Share Price Gain Is Not Telling You

Is Now The Time To Put Hindcon Chemicals (NSE:HINDCON) On Your Watchlist?

Nov 11
Is Now The Time To Put Hindcon Chemicals (NSE:HINDCON) On Your Watchlist?

Hindcon Chemicals (NSE:HINDCON) Is Increasing Its Dividend To ₹1.50

Aug 14
Hindcon Chemicals (NSE:HINDCON) Is Increasing Its Dividend To ₹1.50

Is Hindcon Chemicals Limited (NSE:HINDCON) An Attractive Dividend Stock?

May 03
Is Hindcon Chemicals Limited (NSE:HINDCON) An Attractive Dividend Stock?

Estimating The Fair Value Of Hindcon Chemicals Limited (NSE:HINDCON)

Feb 20
Estimating The Fair Value Of Hindcon Chemicals Limited (NSE:HINDCON)

Should Hindcon Chemicals Limited (NSE:HINDCON) Be Part Of Your Dividend Portfolio?

Jan 16
Should Hindcon Chemicals Limited (NSE:HINDCON) Be Part Of Your Dividend Portfolio?

Whole Time Director Nilima Goenka Just Bought 1.1% More Shares In Hindcon Chemicals Limited (NSE:HINDCON)

Dec 21
Whole Time Director Nilima Goenka Just Bought 1.1% More Shares In Hindcon Chemicals Limited (NSE:HINDCON)

Trade Alert: The MD & Director Of Hindcon Chemicals Limited (NSE:HINDCON), Sanjay Goenka, Has Just Spent ₹209k Buying A Few More Shares

Dec 07
Trade Alert: The MD & Director Of Hindcon Chemicals Limited (NSE:HINDCON), Sanjay Goenka, Has Just Spent ₹209k Buying A Few More Shares

Read This Before Selling Hindcon Chemicals Limited (NSE:HINDCON) Shares

Nov 19
Read This Before Selling Hindcon Chemicals Limited (NSE:HINDCON) Shares

Financial 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.


Balance Sheet


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