Hisar Metal Industries Balance Sheet Health
Financial Health criteria checks 3/6
Hisar Metal Industries has a total shareholder equity of ₹621.6M and total debt of ₹684.8M, which brings its debt-to-equity ratio to 110.2%. Its total assets and total liabilities are ₹1.7B and ₹1.1B respectively. Hisar Metal Industries's EBIT is ₹121.6M making its interest coverage ratio 1.9. It has cash and short-term investments of ₹43.2M.
Key information
110.2%
Debt to equity ratio
₹684.80m
Debt
| Interest coverage ratio | 1.9x |
| Cash | ₹43.20m |
| Equity | ₹621.60m |
| Total liabilities | ₹1.06b |
| Total assets | ₹1.68b |
Recent financial health updates
Is Hisar Metal Industries (NSE:HISARMETAL) Using Too Much Debt?
Dec 09
Is Hisar Metal Industries (NSE:HISARMETAL) Using Too Much Debt?
Feb 16Here's Why Hisar Metal Industries (NSE:HISARMETAL) Has A Meaningful Debt Burden
Jun 17Here's Why Hisar Metal Industries (NSE:HISARMETAL) Has A Meaningful Debt Burden
Feb 25Hisar Metal Industries (NSE:HISARMETAL) Takes On Some Risk With Its Use Of Debt
Jun 27Here's Why Hisar Metal Industries (NSE:HISARMETAL) Is Weighed Down By Its Debt Load
Mar 26Recent updates
There's No Escaping Hisar Metal Industries Limited's (NSE:HISARMETAL) Muted Earnings Despite A 33% Share Price Rise
Dec 21Is Hisar Metal Industries (NSE:HISARMETAL) Using Too Much Debt?
Dec 09Hisar Metal Industries Limited's (NSE:HISARMETAL) Shares Leap 28% Yet They're Still Not Telling The Full Story
May 01A Look At The Fair Value Of Hisar Metal Industries Limited (NSE:HISARMETAL)
Mar 14Hisar Metal Industries (NSE:HISARMETAL) Is Due To Pay A Dividend Of ₹1.00
Aug 31Hisar Metal Industries (NSE:HISARMETAL) Will Pay A Dividend Of ₹1.00
Aug 17A Look At The Intrinsic Value Of Hisar Metal Industries Limited (NSE:HISARMETAL)
Aug 09Do Hisar Metal Industries' (NSE:HISARMETAL) Earnings Warrant Your Attention?
May 25Is Hisar Metal Industries (NSE:HISARMETAL) Using Too Much Debt?
Feb 16Here's Why We Think Hisar Metal Industries (NSE:HISARMETAL) Is Well Worth Watching
Jan 20Hisar Metal Industries (NSE:HISARMETAL) Has Affirmed Its Dividend Of ₹1.00
Aug 29Hisar Metal Industries (NSE:HISARMETAL) Has Announced A Dividend Of ₹1.00
Aug 15Here's Why Hisar Metal Industries (NSE:HISARMETAL) Has A Meaningful Debt Burden
Jun 17With EPS Growth And More, Hisar Metal Industries (NSE:HISARMETAL) Is Interesting
May 12Here's Why Hisar Metal Industries (NSE:HISARMETAL) Has A Meaningful Debt Burden
Feb 25Hisar Metal Industries (NSE:HISARMETAL) Has Affirmed Its Dividend Of ₹1.00
Aug 14Hisar Metal Industries (NSE:HISARMETAL) Takes On Some Risk With Its Use Of Debt
Jun 27Here's Why Hisar Metal Industries (NSE:HISARMETAL) Is Weighed Down By Its Debt Load
Mar 26Is Hisar Metal Industries Limited (NSE:HISARMETAL) A Smart Pick For Income Investors?
Feb 28With A Return On Equity Of 5.9%, Has Hisar Metal Industries Limited's (NSE:HISARMETAL) Management Done Well?
Feb 02Here's Why Hisar Metal Industries (NSE:HISARMETAL) Is Weighed Down By Its Debt Load
Dec 20
Why Hisar Metal Industries Limited (NSE:HISARMETAL) Is A Dividend Rockstar
Nov 24How Did Hisar Metal Industries Limited's (NSE:HISARMETAL) 7.2% ROE Fare Against The Industry?
Nov 04Financial Position Analysis
Short Term Liabilities: HISARMETAL's short term assets (₹1.4B) exceed its short term liabilities (₹811.1M).
Long Term Liabilities: HISARMETAL's short term assets (₹1.4B) exceed its long term liabilities (₹248.9M).
Debt to Equity History and Analysis
Debt Level: HISARMETAL's net debt to equity ratio (103.2%) is considered high.
Reducing Debt: HISARMETAL's debt to equity ratio has reduced from 202.7% to 110.2% over the past 5 years.
Debt Coverage: HISARMETAL's debt is not well covered by operating cash flow (15.5%).
Interest Coverage: HISARMETAL's interest payments on its debt are not well covered by EBIT (1.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 19:34 |
| End of Day Share Price | 2025/02/06 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.
Analysis Model and Snowflake
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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 Github.
Analyst Sources
Hisar Metal Industries Limited is covered by 1 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 |
|---|---|
| Anil Burra | FirstCall Research |