Happiest Minds Technologies Balance Sheet Health
Financial Health criteria checks 6/6
Happiest Minds Technologies has a total shareholder equity of ₹15.2B and total debt of ₹11.7B, which brings its debt-to-equity ratio to 77%. Its total assets and total liabilities are ₹33.0B and ₹17.8B respectively. Happiest Minds Technologies's EBIT is ₹2.8B making its interest coverage ratio -22.1. It has cash and short-term investments of ₹14.6B.
Key information
77.0%
Debt to equity ratio
₹11.73b
Debt
| Interest coverage ratio | -22.1x |
| Cash | ₹14.58b |
| Equity | ₹15.24b |
| Total liabilities | ₹17.76b |
| Total assets | ₹33.00b |
Recent financial health updates
Is Happiest Minds Technologies (NSE:HAPPSTMNDS) Using Too Much Debt?
Jun 05
Happiest Minds Technologies (NSE:HAPPSTMNDS) Has A Pretty Healthy Balance Sheet
Feb 10Recent updates
Analyst Estimates: Here's What Brokers Think Of Happiest Minds Technologies Limited (NSE:HAPPSTMNDS) After Its Second-Quarter Report
Nov 17Investors Could Be Concerned With Happiest Minds Technologies' (NSE:HAPPSTMNDS) Returns On Capital
Sep 20Is Happiest Minds Technologies (NSE:HAPPSTMNDS) Using Too Much Debt?
Jun 05What Happiest Minds Technologies Limited's (NSE:HAPPSTMNDS) P/E Is Not Telling You
Mar 29Happiest Minds Technologies (NSE:HAPPSTMNDS) Has A Pretty Healthy Balance Sheet
Feb 10Capital Allocation Trends At Happiest Minds Technologies (NSE:HAPPSTMNDS) Aren't Ideal
Jan 15Happiest Minds Technologies (NSE:HAPPSTMNDS) Is Increasing Its Dividend To ₹2.50
Oct 21Here's Why Happiest Minds Technologies (NSE:HAPPSTMNDS) Has Caught The Eye Of Investors
Jun 21Many Would Be Envious Of Happiest Minds Technologies' (NSE:HAPPSTMNDS) Excellent Returns On Capital
Jun 04News Flash: Analysts Just Made A Notable Upgrade To Their Happiest Minds Technologies Limited (NSE:HAPPSTMNDS) Forecasts
May 14Returns on Capital Paint A Bright Future For Happiest Minds Technologies (NSE:HAPPSTMNDS)
Feb 21Why We Like The Returns At Happiest Minds Technologies (NSE:HAPPSTMNDS)
Sep 13Happiest Minds Technologies (NSE:HAPPSTMNDS) Is Paying Out Less In Dividends Than Last Year
Jun 08Happiest Minds Technologies' (NSE:HAPPSTMNDS) Shareholders Will Receive A Smaller Dividend Than Last Year
May 10Earnings Update: Here's Why Analysts Just Lifted Their Happiest Minds Technologies Limited (NSE:HAPPSTMNDS) Price Target To ₹1,510
Feb 01The Trend Of High Returns At Happiest Minds Technologies (NSE:HAPPSTMNDS) Has Us Very Interested
Dec 09Does Happiest Minds Technologies (NSE:HAPPSTMNDS) Deserve A Spot On Your Watchlist?
Sep 21Happiest Minds Technologies' (NSE:HAPPSTMNDS) Promising Earnings May Rest On Soft Foundations
Jun 17Happiest Minds Technologies Limited's (NSE:HAPPSTMNDS) Shares Climb 31% But Its Business Is Yet to Catch Up
Feb 17Happiest Minds Technologies Limited's (NSE:HAPPSTMNDS) Stock Been Rising: Are Strong Financials Guiding The Market?
Jan 28Financial Position Analysis
Short Term Liabilities: HAPPSTMNDS's short term assets (₹20.1B) exceed its short term liabilities (₹14.6B).
Long Term Liabilities: HAPPSTMNDS's short term assets (₹20.1B) exceed its long term liabilities (₹3.1B).
Debt to Equity History and Analysis
Debt Level: HAPPSTMNDS has more cash than its total debt.
Reducing Debt: HAPPSTMNDS's debt to equity ratio has reduced from 209.6% to 77% over the past 5 years.
Debt Coverage: HAPPSTMNDS's debt is well covered by operating cash flow (21.5%).
Interest Coverage: HAPPSTMNDS earns more interest than it pays, so coverage of interest payments is not a concern.