Hindusthan National Glass & Industries Balance Sheet Health
Financial Health criteria checks 1/6
Hindusthan National Glass & Industries has a total shareholder equity of ₹-8.5B and total debt of ₹22.6B, which brings its debt-to-equity ratio to -267.5%. Its total assets and total liabilities are ₹29.1B and ₹37.6B respectively. Hindusthan National Glass & Industries's EBIT is ₹1.9B making its interest coverage ratio 13.9. It has cash and short-term investments of ₹2.6B.
Key information
-267.5%
Debt to equity ratio
₹22.64b
Debt
| Interest coverage ratio | 13.9x |
| Cash | ₹2.57b |
| Equity | -₹8.46b |
| Total liabilities | ₹37.57b |
| Total assets | ₹29.11b |
Recent financial health updates
Recent updates
A Look At The Intrinsic Value Of Hindusthan National Glass & Industries Limited (NSE:HINDNATGLS)
Mar 08
Here's What's Concerning About Hindusthan National Glass & Industries' (NSE:HINDNATGLS) Returns On Capital
Mar 22What Hindusthan National Glass & Industries' (NSE:HINDNATGLS) Returns On Capital Can Tell Us
Dec 07Is There More Growth In Store For Hindusthan National Glass & Industries' (NSE:HINDNATGLS) Returns On Capital?
Aug 24
Financial Position Analysis
Short Term Liabilities: HINDNATGLS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: HINDNATGLS has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: HINDNATGLS has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: HINDNATGLS's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: HINDNATGLS's debt is not well covered by operating cash flow (2.7%).
Interest Coverage: HINDNATGLS's interest payments on its debt are well covered by EBIT (13.9x coverage).