HOV Services Balance Sheet Health
Financial Health criteria checks 4/6
HOV Services has a total shareholder equity of ₹236.4M and total debt of ₹12.4M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are ₹367.5M and ₹131.1M respectively. HOV Services's EBIT is ₹28.1M making its interest coverage ratio -1.4. It has cash and short-term investments of ₹59.4M.
Key information
5.2%
Debt to equity ratio
₹12.41m
Debt
Interest coverage ratio | -1.4x |
Cash | ₹59.41m |
Equity | ₹236.41m |
Total liabilities | ₹131.09m |
Total assets | ₹367.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532761's short term assets (₹157.1M) exceed its short term liabilities (₹122.5M).
Long Term Liabilities: 532761's short term assets (₹157.1M) exceed its long term liabilities (₹8.6M).
Debt to Equity History and Analysis
Debt Level: 532761 has more cash than its total debt.
Reducing Debt: 532761's debt to equity ratio has increased from 0.9% to 5.2% over the past 5 years.
Debt Coverage: 532761's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 532761 earns more interest than it pays, so coverage of interest payments is not a concern.