Hindprakash Industries Balance Sheet Health
Financial Health criteria checks 5/6
Hindprakash Industries has a total shareholder equity of ₹430.9M and total debt of ₹249.9M, which brings its debt-to-equity ratio to 58%. Its total assets and total liabilities are ₹796.7M and ₹365.8M respectively. Hindprakash Industries's EBIT is ₹53.2M making its interest coverage ratio 7.4. It has cash and short-term investments of ₹5.0M.
Key information
58.0%
Debt to equity ratio
₹249.89m
Debt
| Interest coverage ratio | 7.4x |
| Cash | ₹5.02m |
| Equity | ₹430.89m |
| Total liabilities | ₹365.83m |
| Total assets | ₹796.73m |
Recent financial health updates
These 4 Measures Indicate That Hindprakash Industries (NSE:HPIL) Is Using Debt Reasonably Well
Jun 10
Is Hindprakash Industries (NSE:HPIL) A Risky Investment?
Dec 01Hindprakash Industries (NSE:HPIL) Takes On Some Risk With Its Use Of Debt
Mar 23Hindprakash Industries (NSE:HPIL) Takes On Some Risk With Its Use Of Debt
Nov 19Recent updates
Hindprakash Industries Limited's (NSE:HPIL) 26% Share Price Surge Not Quite Adding Up
Apr 16With EPS Growth And More, Hindprakash Industries (NSE:HPIL) Makes An Interesting Case
Mar 13Optimistic Investors Push Hindprakash Industries Limited (NSE:HPIL) Shares Up 28% But Growth Is Lacking
Jan 26A Look At The Intrinsic Value Of Hindprakash Industries Limited (NSE:HPIL)
Jan 13Does Hindprakash Industries (NSE:HPIL) Deserve A Spot On Your Watchlist?
Oct 27Hindprakash Industries' (NSE:HPIL) Dividend Is Being Reduced To ₹0.50
Sep 14These 4 Measures Indicate That Hindprakash Industries (NSE:HPIL) Is Using Debt Reasonably Well
Jun 10Is Hindprakash Industries (NSE:HPIL) A Risky Investment?
Dec 01Hindprakash Industries (NSE:HPIL) Is Paying Out A Dividend Of ₹1.00
Aug 28Calculating The Fair Value Of Hindprakash Industries Limited (NSE:HPIL)
Jun 04Hindprakash Industries (NSE:HPIL) Takes On Some Risk With Its Use Of Debt
Mar 23What To Know Before Buying Hindprakash Industries Limited (NSE:HPIL) For Its Dividend
Feb 16Hindprakash Industries Limited's (NSE:HPIL) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Jan 12
Hindprakash Industries (NSE:HPIL) Takes On Some Risk With Its Use Of Debt
Nov 19Financial Position Analysis
Short Term Liabilities: HPIL's short term assets (₹527.6M) exceed its short term liabilities (₹342.6M).
Long Term Liabilities: HPIL's short term assets (₹527.6M) exceed its long term liabilities (₹23.3M).
Debt to Equity History and Analysis
Debt Level: HPIL's net debt to equity ratio (56.8%) is considered high.
Reducing Debt: HPIL's debt to equity ratio has reduced from 76.1% to 58% over the past 5 years.
Debt Coverage: HPIL's debt is well covered by operating cash flow (25.9%).
Interest Coverage: HPIL's interest payments on its debt are well covered by EBIT (7.4x coverage).