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
Estimating The Intrinsic Value Of HOV Services Limited (NSE:HOVS)
Jan 02
HOV Services Limited's (NSE:HOVS) 30% Price Boost Is Out Of Tune With Earnings
Aug 22HOV 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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/07 13:00 |
| End of Day Share Price | 2025/02/07 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
HOV Services Limited is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Naveed MD. | FirstCall Research |