HFCL Balance Sheet Health
Financial Health criteria checks 5/6
HFCL has a total shareholder equity of ₹36.0B and total debt of ₹9.3B, which brings its debt-to-equity ratio to 25.9%. Its total assets and total liabilities are ₹59.2B and ₹23.2B respectively. HFCL's EBIT is ₹4.7B making its interest coverage ratio 7.6. It has cash and short-term investments of ₹4.6B.
Key information
25.9%
Debt to equity ratio
₹9.32b
Debt
Interest coverage ratio | 7.6x |
Cash | ₹4.60b |
Equity | ₹36.04b |
Total liabilities | ₹23.15b |
Total assets | ₹59.20b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500183's short term assets (₹43.0B) exceed its short term liabilities (₹20.6B).
Long Term Liabilities: 500183's short term assets (₹43.0B) exceed its long term liabilities (₹2.5B).
Debt to Equity History and Analysis
Debt Level: 500183's net debt to equity ratio (13.1%) is considered satisfactory.
Reducing Debt: 500183's debt to equity ratio has reduced from 41.1% to 25.9% over the past 5 years.
Debt Coverage: 500183's debt is not well covered by operating cash flow (19.6%).
Interest Coverage: 500183's interest payments on its debt are well covered by EBIT (7.6x coverage).