Hikal Balance Sheet Health
Financial Health criteria checks 4/6
Hikal has a total shareholder equity of ₹12.0B and total debt of ₹7.7B, which brings its debt-to-equity ratio to 64.2%. Its total assets and total liabilities are ₹24.6B and ₹12.6B respectively. Hikal's EBIT is ₹1.7B making its interest coverage ratio 2.6. It has cash and short-term investments of ₹365.0M.
Key information
64.2%
Debt to equity ratio
₹7.73b
Debt
| Interest coverage ratio | 2.6x |
| Cash | ₹365.00m |
| Equity | ₹12.03b |
| Total liabilities | ₹12.57b |
| Total assets | ₹24.60b |
Recent financial health updates
Is Hikal (NSE:HIKAL) Using Too Much Debt?
Mar 28
Is Hikal (NSE:HIKAL) Using Too Much Debt?
Jan 13We Think Hikal (NSE:HIKAL) Can Stay On Top Of Its Debt
May 17Recent updates
Hikal Limited (NSE:HIKAL) Analysts Are Pretty Bullish On The Stock After Recent Results
Nov 15Earnings Tell The Story For Hikal Limited (NSE:HIKAL) As Its Stock Soars 27%
Sep 13We Think Hikal Limited's (NSE:HIKAL) CEO Compensation Package Needs To Be Put Under A Microscope
Sep 11Hikal Limited's (NSE:HIKAL) Popularity With Investors Is Clear
Jun 12A Look At The Fair Value Of Hikal Limited (NSE:HIKAL)
Jun 03Is Hikal (NSE:HIKAL) Using Too Much Debt?
Mar 28Hikal (NSE:HIKAL) Is Reducing Its Dividend To ₹0.60
Feb 07A Look At The Fair Value Of Hikal Limited (NSE:HIKAL)
Dec 08Increases to CEO Compensation Might Be Put On Hold For Now at Hikal Limited (NSE:HIKAL)
Sep 16Calculating The Fair Value Of Hikal Limited (NSE:HIKAL)
Mar 18Hikal (NSE:HIKAL) Is Increasing Its Dividend To ₹1.20
Feb 16Is Hikal (NSE:HIKAL) Using Too Much Debt?
Jan 13With EPS Growth And More, Hikal (NSE:HIKAL) Is Interesting
Jun 01We Think Hikal (NSE:HIKAL) Can Stay On Top Of Its Debt
May 17An Intrinsic Calculation For Hikal Limited (NSE:HIKAL) Suggests It's 25% Undervalued
Mar 23Does Hikal Limited (NSE:HIKAL) Have A Place In Your Dividend Portfolio?
Mar 10If You Like EPS Growth Then Check Out Hikal (NSE:HIKAL) Before It's Too Late
Feb 23Be Sure To Check Out Hikal Limited (NSE:HIKAL) Before It Goes Ex-Dividend
Feb 10Financial Position Analysis
Short Term Liabilities: HIKAL's short term assets (₹9.3B) exceed its short term liabilities (₹7.0B).
Long Term Liabilities: HIKAL's short term assets (₹9.3B) exceed its long term liabilities (₹5.5B).
Debt to Equity History and Analysis
Debt Level: HIKAL's net debt to equity ratio (61.2%) is considered high.
Reducing Debt: HIKAL's debt to equity ratio has reduced from 78% to 64.2% over the past 5 years.
Debt Coverage: HIKAL's debt is well covered by operating cash flow (32.7%).
Interest Coverage: HIKAL's interest payments on its debt are not well covered by EBIT (2.6x coverage).