Scribd
Upload
5 views1 page

Horizon Housing Finance: FY 2023 Metrics

Uploaded by

Ridhima Grover
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
5 views1 page

Horizon Housing Finance: FY 2023 Metrics

Uploaded by

Ridhima Grover
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

Horizon Housing Finance: Financial Data Comparison

Financial Metric Horizon Housing Ideal/Benchmark Explanation


(FY 2023)
Debt-to-Equity 2.5 1.0 - 2.0 A higher ratio
Ratio suggests more
reliance on debt
financing. Ideally,
this should be below
2 to manage risk.
Provisions for Loan $10 million Adequate to cover This may be
Losses expected losses understated,
meaning the
company might not
be fully covering
potential loan
defaults.
Cost-to-Income 55.8% 40% - 50% A higher cost-to-
Ratio income ratio
indicates that
operational costs
are taking up a
larger portion of
income.
Current Ratio 0.8 1.0+ A current ratio
below 1 suggests
liquidity issues, as
current liabilities
exceed current
assets.
Interest Coverage 1.9 2.5 - 3.0+ A low ratio indicates
Ratio difficulty in covering
interest expenses,
suggesting potential
financial strain.
Receivables Exceptionally high Lower is better High receivables
Turnover (Days) turnover implies
delays in collecting
payments, which
could harm cash
flow.

You might also like