Hindustan Bio Sciences Balance Sheet Health
Financial Health criteria checks 2/6
Hindustan Bio Sciences has a total shareholder equity of ₹8.0M and total debt of ₹25.6M, which brings its debt-to-equity ratio to 317.9%. Its total assets and total liabilities are ₹33.7M and ₹25.7M respectively. Hindustan Bio Sciences's EBIT is ₹2.6M making its interest coverage ratio 89.8. It has cash and short-term investments of ₹360.0K.
Key information
317.9%
Debt to equity ratio
₹25.56m
Debt
| Interest coverage ratio | 89.8x |
| Cash | ₹360.00k |
| Equity | ₹8.04m |
| Total liabilities | ₹25.70m |
| Total assets | ₹33.74m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532041's short term assets (₹9.5M) exceed its short term liabilities (₹137.6K).
Long Term Liabilities: 532041's short term assets (₹9.5M) do not cover its long term liabilities (₹25.6M).
Debt to Equity History and Analysis
Debt Level: 532041's net debt to equity ratio (313.4%) is considered high.
Reducing Debt: 532041's debt to equity ratio has increased from 155.6% to 317.9% over the past 5 years.
Debt Coverage: 532041's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 532041's interest payments on its debt are well covered by EBIT (89.8x coverage).