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HEG Limited (IN:HEG)
:HEG
India Market
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HEG Limited (HEG) Ratios

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HEG Limited Ratios

IN:HEG's free cash flow for Q4 2025 was ₹0.47. For the 2025 fiscal year, IN:HEG's free cash flow was decreased by ₹ and operating cash flow was ₹-0.11. See a summary of the company’s cash flow.
Ratios
TTM
Dec 25Dec 24Dec 23Dec 22
Liquidity Ratios
Current Ratio
2.26 2.25 2.25 2.17 2.34
Quick Ratio
1.11 1.23 1.23 1.07 1.58
Cash Ratio
0.05 0.12 0.12 0.03 0.03
Solvency Ratio
0.34 0.38 0.38 0.45 0.37
Operating Cash Flow Ratio
0.00 0.52 0.52 0.09 -0.11
Short-Term Operating Cash Flow Coverage
0.00 0.99 0.99 0.15 -0.21
Net Current Asset Value
₹ 12.62B₹ 13.54B₹ 13.54B₹ 14.41B₹ 16.13B
Leverage Ratios
Debt-to-Assets Ratio
0.10 0.11 0.11 0.13 0.13
Debt-to-Equity Ratio
0.13 0.14 0.14 0.17 0.17
Debt-to-Capital Ratio
0.12 0.12 0.12 0.15 0.15
Long-Term Debt-to-Capital Ratio
0.00 0.00 0.00 0.00 0.00
Financial Leverage Ratio
1.27 1.29 1.29 1.33 1.36
Debt Service Coverage Ratio
0.72 0.67 0.67 0.76 0.71
Interest Coverage Ratio
12.39 7.35 32.07 19.91 60.89
Debt to Market Cap
0.07 0.08 0.08 1.04 0.62
Interest Debt Per Share
32.46 34.12 34.12 199.14 174.14
Net Debt to EBITDA
1.04 0.93 0.93 0.98 1.03
Profitability Margins
Gross Profit Margin
44.37%18.16%51.92%50.10%41.95%
EBIT Margin
14.81%14.68%14.59%28.50%26.11%
EBITDA Margin
23.33%22.01%21.87%29.47%27.88%
Operating Profit Margin
21.86%11.04%47.86%20.99%20.80%
Pretax Profit Margin
11.98%16.61%16.51%27.45%25.79%
Net Profit Margin
8.93%13.10%13.01%21.58%19.83%
Continuous Operations Profit Margin
8.93%13.10%13.01%18.41%17.97%
Net Income Per EBT
74.53%78.83%78.83%78.60%76.91%
EBT Per EBIT
54.78%150.46%34.49%130.79%123.97%
Return on Assets (ROA)
3.49%5.47%5.47%9.35%8.12%
Return on Equity (ROE)
4.43%7.04%7.04%12.44%11.01%
Return on Capital Employed (ROCE)
10.57%5.80%25.28%11.83%11.24%
Return on Invested Capital (ROIC)
6.98%4.02%17.53%7.95%7.42%
Return on Tangible Assets
3.49%5.47%5.47%9.35%8.12%
Earnings Yield
2.20%4.12%4.12%74.91%40.58%
Efficiency Ratios
Receivables Turnover
4.95 4.24 4.71 4.64 3.69
Payables Turnover
3.07 4.58 2.71 4.77 2.82
Inventory Turnover
0.98 1.63 0.96 0.85 1.29
Fixed Asset Turnover
1.10 1.18 1.19 1.35 1.50
Asset Turnover
0.39 0.42 0.42 0.43 0.41
Working Capital Turnover Ratio
3.22 1.59 1.60 1.52 1.38
Cash Conversion Cycle
328.25 230.27 321.19 429.14 252.28
Days of Sales Outstanding
73.74 86.17 77.46 78.72 98.95
Days of Inventory Outstanding
373.32 223.80 378.56 426.99 282.93
Days of Payables Outstanding
118.81 79.71 134.82 76.57 129.60
Operating Cycle
447.06 309.97 456.02 505.70 381.88
Cash Flow Ratios
Operating Cash Flow Per Share
0.00 31.73 31.73 29.36 -36.43
Free Cash Flow Per Share
0.00 12.47 12.47 -94.94 -129.58
CapEx Per Share
0.00 19.25 19.25 124.30 93.15
Free Cash Flow to Operating Cash Flow
0.00 0.39 0.39 -3.23 3.56
Dividend Paid and CapEx Coverage Ratio
0.00 1.14 1.14 0.18 -0.38
Capital Expenditure Coverage Ratio
0.00 1.65 1.65 0.24 -0.39
Operating Cash Flow Coverage Ratio
0.00 0.98 0.98 0.15 -0.21
Operating Cash Flow to Sales Ratio
0.00 0.26 0.26 0.05 -0.06
Free Cash Flow Yield
0.00%3.18%3.18%-51.56%-47.09%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
45.50 24.27 24.27 1.33 2.46
Price-to-Sales (P/S) Ratio
4.06 3.18 3.16 0.29 0.49
Price-to-Book (P/B) Ratio
2.01 1.71 1.71 0.17 0.27
Price-to-Free Cash Flow (P/FCF) Ratio
0.00 31.43 31.43 -1.94 -2.12
Price-to-Operating Cash Flow Ratio
0.00 12.36 12.36 6.27 -7.55
Price-to-Earnings Growth (PEG) Ratio
0.64 -0.59 -0.27 0.06 >-0.01
Price-to-Fair Value
2.01 1.71 1.71 0.17 0.27
Enterprise Value Multiple
18.44 15.37 15.37 1.95 2.78
Enterprise Value
94.89B 80.50B 80.50B 14.20B 16.86B
EV to EBITDA
18.44 15.37 15.37 1.95 2.78
EV to Sales
4.30 3.38 3.36 0.58 0.78
EV to Free Cash Flow
0.00 33.45 33.45 -3.88 -3.37
EV to Operating Cash Flow
0.00 13.15 13.15 12.53 -11.99
Tangible Book Value Per Share
230.56 229.29 229.29 1.11K 1.01K
Shareholders’ Equity Per Share
230.70 229.35 229.35 1.11K 1.01K
Tax and Other Ratios
Effective Tax Rate
0.25 0.21 0.21 0.21 0.23
Revenue Per Share
114.22 123.32 124.10 639.26 563.08
Net Income Per Share
10.20 16.15 16.15 137.95 111.68
Tax Burden
0.75 0.79 0.79 0.79 0.77
Interest Burden
0.81 1.13 1.13 0.96 0.99
Research & Development to Revenue
0.00 <0.01 <0.01 <0.01 <0.01
SG&A to Revenue
0.00 <0.01 <0.01 <0.01 <0.01
Stock-Based Compensation to Revenue
0.00 0.00 0.00 0.00 0.00
Income Quality
0.00 1.96 1.96 0.17 -0.25
Currency in INR
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