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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 05:23 |
| End of Day Share Price | 2024/12/30 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 here.
Analysis Model and Snowflake
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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 .
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 |