HOV Services Balance Sheet Health
Financial Health criteria checks 6/6
HOV Services has a total shareholder equity of ₹233.8M and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹387.4M and ₹153.6M respectively. HOV Services's EBIT is ₹35.2M making its interest coverage ratio -7.1. It has cash and short-term investments of ₹53.7M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -7.1x |
| Cash | ₹53.74m |
| Equity | ₹233.84m |
| Total liabilities | ₹153.58m |
| Total assets | ₹387.43m |
Recent financial health updates
No updates
Recent updates
HOV Services Limited's (NSE:HOVS) 30% Price Boost Is Out Of Tune With Earnings
Aug 22
HOV Services Limited's (NSE:HOVS) 25% Share Price Plunge Could Signal Some Risk
Mar 07HOV Services Limited (NSE:HOVS) Stock Rockets 36% As Investors Are Less Pessimistic Than Expected
Dec 18A Look At The Intrinsic Value Of HOV Services Limited (NSE:HOVS)
May 20Returns On Capital Are Showing Encouraging Signs At HOV Services (NSE:HOVS)
Mar 30Calculating The Fair Value Of HOV Services Limited (NSE:HOVS)
Feb 15HOV Services (NSE:HOVS) Is Doing The Right Things To Multiply Its Share Price
Dec 13Investors Will Want HOV Services' (NSE:HOVS) Growth In ROCE To Persist
Jul 12Do Its Financials Have Any Role To Play In Driving HOV Services Limited's (NSE:HOVS) Stock Up Recently?
Jan 02HOV Services Limited's (NSE:HOVS) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Sep 16Financial Position Analysis
Short Term Liabilities: HOVS's short term assets (₹186.6M) exceed its short term liabilities (₹143.0M).
Long Term Liabilities: HOVS's short term assets (₹186.6M) exceed its long term liabilities (₹10.6M).
Debt to Equity History and Analysis
Debt Level: HOVS is debt free.
Reducing Debt: HOVS has no debt compared to 5 years ago when its debt to equity ratio was 2.1%.
Debt Coverage: HOVS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: HOVS has no debt, therefore coverage of interest payments is not a concern.