Hisar Metal Industries Balance Sheet Health
Financial Health criteria checks 3/6
Hisar Metal Industries has a total shareholder equity of ₹581.3M and total debt of ₹700.6M, which brings its debt-to-equity ratio to 120.5%. Its total assets and total liabilities are ₹1.4B and ₹865.9M respectively. Hisar Metal Industries's EBIT is ₹142.6M making its interest coverage ratio 2.8. It has cash and short-term investments of ₹48.1M.
Key information
120.5%
Debt to equity ratio
₹700.60m
Debt
Interest coverage ratio | 2.8x |
Cash | ₹48.10m |
Equity | ₹581.30m |
Total liabilities | ₹865.90m |
Total assets | ₹1.45b |
Recent financial health updates
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 26Here's Why Hisar Metal Industries (NSE:HISARMETAL) Is Weighed Down By Its Debt Load
Dec 20Recent updates
A 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 20Why 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 04Are Insiders Buying Hisar Metal Industries Limited (NSE:HISARMETAL) Stock?
Oct 09Should You Buy Hisar Metal Industries Limited (NSE:HISARMETAL) For Its Upcoming Dividend?
Sep 12Why Hisar Metal Industries Limited (NSE:HISARMETAL) Is A Dividend Rockstar
Aug 23Should You Be Impressed By Hisar Metal Industries Limited's (NSE:HISARMETAL) ROE?
Jul 31Hisar Metal Industries (NSE:HISARMETAL) Use Of Debt Could Be Considered Risky
Jul 10Financial Position Analysis
Short Term Liabilities: HISARMETAL's short term assets (₹1.2B) exceed its short term liabilities (₹637.7M).
Long Term Liabilities: HISARMETAL's short term assets (₹1.2B) exceed its long term liabilities (₹228.2M).
Debt to Equity History and Analysis
Debt Level: HISARMETAL's net debt to equity ratio (112.2%) is considered high.
Reducing Debt: HISARMETAL's debt to equity ratio has reduced from 147.8% to 120.5% over the past 5 years.
Debt Coverage: HISARMETAL's debt is not well covered by operating cash flow (16.9%).
Interest Coverage: HISARMETAL's interest payments on its debt are not well covered by EBIT (2.8x coverage).