Hikal Balance Sheet Health
Financial Health criteria checks 5/6
Hikal has a total shareholder equity of ₹11.5B and total debt of ₹7.7B, which brings its debt-to-equity ratio to 67.5%. Its total assets and total liabilities are ₹23.9B and ₹12.5B respectively. Hikal's EBIT is ₹1.5B making its interest coverage ratio 3.2. It has cash and short-term investments of ₹361.0M.
Key information
67.5%
Debt to equity ratio
₹7.73b
Debt
Interest coverage ratio | 3.2x |
Cash | ₹361.00m |
Equity | ₹11.45b |
Total liabilities | ₹12.46b |
Total assets | ₹23.91b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 524735's short term assets (₹8.9B) exceed its short term liabilities (₹7.0B).
Long Term Liabilities: 524735's short term assets (₹8.9B) exceed its long term liabilities (₹5.5B).
Debt to Equity History and Analysis
Debt Level: 524735's net debt to equity ratio (64.4%) is considered high.
Reducing Debt: 524735's debt to equity ratio has reduced from 88.9% to 67.5% over the past 5 years.
Debt Coverage: 524735's debt is well covered by operating cash flow (43.9%).
Interest Coverage: 524735's interest payments on its debt are well covered by EBIT (3.2x coverage).