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
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 17Is Hikal (NSE:HIKAL) A Risky Investment?
Dec 13
Recent updates
A 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 10Is Hikal Limited's (NSE:HIKAL) Recent Stock Performance Influenced By Its Financials In Any Way?
Feb 05Is Hikal Limited's (NSE:HIKAL) Shareholder Ownership Skewed Towards Insiders?
Jan 22Update: Hikal (NSE:HIKAL) Stock Gained 53% In The Last Five Years
Jan 03Is Hikal (NSE:HIKAL) A Risky Investment?
Dec 13Why Hikal Limited (NSE:HIKAL) Is A Dividend Rockstar
Nov 22Should Weakness in Hikal Limited's (NSE:HIKAL) Stock Be Seen As A Sign That Market Will Correct The Share Price Given Decent Financials?
Nov 01Here's What Hikal Limited's (NSE:HIKAL) Shareholder Ownership Structure Looks Like
Oct 11Hikal (NSE:HIKAL) Shareholders Have Enjoyed An Impressive 162% Share Price Gain
Sep 20Hikal Limited (NSE:HIKAL) Passed Our Checks, And It's About To Pay A ₹0.20 Dividend
Sep 02Why Hikal Limited (NSE:HIKAL) Is A Dividend Rockstar
Aug 23Hikal Limited's (NSE:HIKAL) Share Price Matching Investor Opinion
Aug 03Financial Position Analysis
Short Term Liabilities: HIKAL's short term assets (₹8.9B) exceed its short term liabilities (₹7.0B).
Long Term Liabilities: HIKAL's short term assets (₹8.9B) exceed its long term liabilities (₹5.5B).
Debt to Equity History and Analysis
Debt Level: HIKAL's net debt to equity ratio (64.4%) is considered high.
Reducing Debt: HIKAL's debt to equity ratio has reduced from 88.9% to 67.5% over the past 5 years.
Debt Coverage: HIKAL's debt is well covered by operating cash flow (43.9%).
Interest Coverage: HIKAL's interest payments on its debt are well covered by EBIT (3.2x coverage).