Honeywell Automation India Balance Sheet Health
Financial Health criteria checks 5/6
Honeywell Automation India has a total shareholder equity of ₹33.3B and total debt of ₹259.0M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are ₹46.7B and ₹13.3B respectively. Honeywell Automation India's EBIT is ₹5.0B making its interest coverage ratio -4.4. It has cash and short-term investments of ₹25.0B.
Key information
0.8%
Debt to equity ratio
₹259.00m
Debt
Interest coverage ratio | -4.4x |
Cash | ₹25.04b |
Equity | ₹33.35b |
Total liabilities | ₹13.32b |
Total assets | ₹46.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 517174's short term assets (₹43.4B) exceed its short term liabilities (₹13.0B).
Long Term Liabilities: 517174's short term assets (₹43.4B) exceed its long term liabilities (₹295.0M).
Debt to Equity History and Analysis
Debt Level: 517174 has more cash than its total debt.
Reducing Debt: 517174's debt to equity ratio has increased from 0% to 0.8% over the past 5 years.
Debt Coverage: 517174's debt is well covered by operating cash flow (1720%).
Interest Coverage: 517174 earns more interest than it pays, so coverage of interest payments is not a concern.