Hi-Tech Pipes Balance Sheet Health
Financial Health criteria checks 3/6
Hi-Tech Pipes has a total shareholder equity of ₹7.5B and total debt of ₹3.6B, which brings its debt-to-equity ratio to 48.6%. Its total assets and total liabilities are ₹14.1B and ₹6.6B respectively. Hi-Tech Pipes's EBIT is ₹1.3B making its interest coverage ratio 2.8. It has cash and short-term investments of ₹344.8M.
Key information
48.6%
Debt to equity ratio
₹3.63b
Debt
Interest coverage ratio | 2.8x |
Cash | ₹344.77m |
Equity | ₹7.49b |
Total liabilities | ₹6.64b |
Total assets | ₹14.13b |
Recent financial health updates
No updates
Recent updates
Hi-Tech Pipes' (NSE:HITECH) Shareholders Should Assess Earnings With Caution
Nov 20There Could Be A Chance Hi-Tech Pipes Limited's (NSE:HITECH) CEO Will Have Their Compensation Increased
Sep 15Hi-Tech Pipes Limited (NSE:HITECH) Not Lagging Market On Growth Or Pricing
Aug 13Hi-Tech Pipes' (NSE:HITECH) Profits May Not Reveal Underlying Issues
May 21Hi-Tech Pipes Limited (NSE:HITECH) Shares May Have Slumped 30% But Getting In Cheap Is Still Unlikely
Mar 21Hi-Tech Pipes (NSE:HITECH) Could Be Struggling To Allocate Capital
Mar 05Shareholders Should Be Pleased With Hi-Tech Pipes Limited's (NSE:HITECH) Price
Dec 28The Returns On Capital At Hi-Tech Pipes (NSE:HITECH) Don't Inspire Confidence
Oct 14Here's Why We Think Hi-Tech Pipes (NSE:HITECH) Is Well Worth Watching
Sep 14Hi-Tech Pipes Limited's (NSE:HITECH) CEO Compensation Is Looking A Bit Stretched At The Moment
Sep 22Here's Why We Think Hi-Tech Pipes (NSE:HITECH) Is Well Worth Watching
Jul 22Why You Should Care About Hi-Tech Pipes' (NSE:HITECH) Strong Returns On Capital
May 12If You Like EPS Growth Then Check Out Hi-Tech Pipes (NSE:HITECH) Before It's Too Late
Mar 03Many Would Be Envious Of Hi-Tech Pipes' (NSE:HITECH) Excellent Returns On Capital
Jan 08Robust Earnings May Not Tell The Whole Story For Hi-Tech Pipes (NSE:HITECH)
Nov 06Investors Could Be Concerned With Hi-Tech Pipes' (NSE:HITECH) Returns On Capital
Apr 06The Hi-Tech Pipes (NSE:HITECH) Share Price Is Up 212% And Shareholders Are Boasting About It
Mar 10Can Hi-Tech Pipes Limited's (NSE:HITECH) ROE Continue To Surpass The Industry Average?
Feb 17How Many Hi-Tech Pipes Limited (NSE:HITECH) Shares Did Insiders Buy, In The Last Year?
Jan 27Financial Position Analysis
Short Term Liabilities: HITECH's short term assets (₹9.0B) exceed its short term liabilities (₹5.5B).
Long Term Liabilities: HITECH's short term assets (₹9.0B) exceed its long term liabilities (₹1.1B).
Debt to Equity History and Analysis
Debt Level: HITECH's net debt to equity ratio (43.9%) is considered high.
Reducing Debt: HITECH's debt to equity ratio has reduced from 173.4% to 48.6% over the past 5 years.
Debt Coverage: HITECH's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: HITECH's interest payments on its debt are not well covered by EBIT (2.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
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Company Analysis | 2024/12/24 18:33 |
End of Day Share Price | 2024/12/24 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 * |
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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 here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
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 .
Analyst Sources
Hi-Tech Pipes Limited is covered by 1 analysts. 2 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 |
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null null | Antique Stockbroking Ltd. |