HCL Technologies Balance Sheet Health
Financial Health criteria checks 6/6
HCL Technologies has a total shareholder equity of $8.1B and total debt of $276.0M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are $11.6B and $3.6B respectively. HCL Technologies's EBIT is $2.5B making its interest coverage ratio -28.8. It has cash and short-term investments of $3.1B.
Key information
3.4%
Debt to equity ratio
US$276.00m
Debt
| Interest coverage ratio | -28.8x |
| Cash | US$3.15b |
| Equity | US$8.07b |
| Total liabilities | US$3.56b |
| Total assets | US$11.63b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532281's short term assets ($6.9B) exceed its short term liabilities ($2.5B).
Long Term Liabilities: 532281's short term assets ($6.9B) exceed its long term liabilities ($1.1B).
Debt to Equity History and Analysis
Debt Level: 532281 has more cash than its total debt.
Reducing Debt: 532281's debt to equity ratio has reduced from 9.5% to 3.4% over the past 5 years.
Debt Coverage: 532281's debt is well covered by operating cash flow (986.2%).
Interest Coverage: 532281 earns more interest than it pays, so coverage of interest payments is not a concern.