Hero MotoCorp's balance sheet analysis for FY19 shows that current liabilities decreased 1.6% to Rs 44 billion while long-term debt fell 16.6% to Rs 1 billion. Current assets declined 7% to Rs 84 billion and fixed assets rose 4% to Rs 55 billion. Overall, total assets and liabilities increased 6% with assets at Rs 185 billion and liabilities at the same amount.
Hero MotoCorp's balance sheet analysis for FY19 shows that current liabilities decreased 1.6% to Rs 44 billion while long-term debt fell 16.6% to Rs 1 billion. Current assets declined 7% to Rs 84 billion and fixed assets rose 4% to Rs 55 billion. Overall, total assets and liabilities increased 6% with assets at Rs 185 billion and liabilities at the same amount.
Hero MotoCorp's balance sheet analysis for FY19 shows that current liabilities decreased 1.6% to Rs 44 billion while long-term debt fell 16.6% to Rs 1 billion. Current assets declined 7% to Rs 84 billion and fixed assets rose 4% to Rs 55 billion. Overall, total assets and liabilities increased 6% with assets at Rs 185 billion and liabilities at the same amount.
The company's current liabilities during FY19 down at Rs 44 billion as
compared to Rs 45 billion in FY18, thereby witnessing an decrease of -1.6%. Long-term debt down at Rs 1 billion as compared to Rs 1 billion during FY18, a fall of 16.6%. Current assets fell 7% and stood at Rs 84 billion, while fixed assets rose 4% and stood at Rs 55 billion in FY19. Overall, the total assets and liabilities for FY19 stood at Rs 185 billion as against Rs 174 billion during FY18, thereby witnessing a growth of 6%.
HERO MOTOCORP Balance Sheet as on March 2019
No. of Mths Year Ending 12 Mar-18* 12 Mar-19* % Change Networth Rs m 119,715 131,204 9.6
Current Liabilities Rs m 44,814 44,092 -1.6 Long-term Debt Rs m 1,496 1,248 -16.6 Total Liabilities Rs m 173,967 185,044 6.4
Current assets Rs m 90,022 84,132 -6.5 Fixed Assets Rs m 53,164 55,252 3.9 Total Assets Rs m 173,967 185,044 6.4 * Results Consolidated Interim results exclude extraordinary / exceptional items Source: Company Reports, Regulatory Filings, Equitymaste