Description
⋅ Short Term Liabilities: HERITGFOOD's short term assets (₹2.9B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: HERITGFOOD's short term assets (₹2.9B) exceed its long term liabilities (₹624.5M).
Debt Level: HERITGFOOD has more cash than its total debt.
Reducing Debt: HERITGFOOD's debt to equity ratio has reduced from 51% to 2.9% over the past 5 years.
Debt Coverage: HERITGFOOD's debt is well covered by operating cash flow (768.3%).
Interest Coverage: HERITGFOOD's interest payments on its debt are well covered by EBIT (54.5x coverage).
Cash Flow Coverage: With its low cash payout ratio (22.9%), HERITGFOOD's dividend payments are well covered by cash flows.