Happy Forgings Limited (HAPPYFORGE) - Total Liabilities

Latest as of September 2025: Rs3.41 Billion INR ≈ $36.93 Million USD

Based on the latest financial reports, Happy Forgings Limited (HAPPYFORGE) has total liabilities worth Rs3.41 Billion INR (≈ $36.93 Million USD) as of September 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Check Happy Forgings Limited (HAPPYFORGE) asset resilience to evaluate the company's liquid asset resilience ratio.

Happy Forgings Limited - Total Liabilities Trend (2019–2024)

This chart illustrates how Happy Forgings Limited's total liabilities have evolved over time, based on quarterly financial data. For the complete balance sheet picture, see Happy Forgings Limited total assets.

Happy Forgings Limited Competitors by Total Liabilities

The table below lists competitors of Happy Forgings Limited ranked by their total liabilities.

Company	Country	Total Liabilities
Metcash Ltd AU:MTS	Australia	AU$5.51 Billion
Ocular Therapeutix Inc NASDAQ:OCUL	USA	$151.28 Million
Banque Cantonale de Geneve SW:BCGE	Switzerland	CHF31.51 Billion
Bayside Land Corporation Ltd TA:BYSD	Israel	ILA7.08 Billion
Diamondrock Hospitality Company Common Stock NYSE:DRH	USA	$1.56 Billion
China Longyuan Power Group Corporation Limited F:6WX	Germany	€175.83 Billion
Y.H. Dimri Construction & Development Ltd TA:DIMRI	Israel	ILA6.01 Billion
Shanghai Chinafortune Co Ltd SHG:600621	China	CN¥48.83 Billion

Liability Composition Analysis (2019–2024)

This chart breaks down Happy Forgings Limited's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. See Happy Forgings Limited (HAPPYFORGE) balance sheet quality index to measure how much of total assets are equity-financed.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric	Value	Description
Current Ratio	3.15	Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities)
Quick Ratio	N/A	More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities)
Cash Ratio	N/A	Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities)
Debt to Equity	0.17	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	0.15	Portion of assets financed with debt (Total Liabilities ÷ Total Assets)

Liability Trends Comparison

This chart compares key liability metrics across different time periods, showing how Happy Forgings Limited's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Happy Forgings Limited (2019–2024)

The table below shows the annual total liabilities of Happy Forgings Limited from 2019 to 2024.

Year	Total Liabilities	Change
2024-09-30	Rs3.66 Billion ≈ $39.55 Million	+33.72%
2023-09-30	Rs2.73 Billion ≈ $29.57 Million	-19.06%
2022-09-30	Rs3.38 Billion ≈ $36.54 Million	-1.28%
2021-09-30	Rs3.42 Billion ≈ $37.01 Million	+48.01%
2020-09-30	Rs2.31 Billion ≈ $25.01 Million	+13.05%
2019-09-30	Rs2.05 Billion ≈ $22.12 Million	--

About Happy Forgings Limited

NSE:HAPPYFORGE India Metal Fabrication

Market Cap

$2.19 Billion

Rs202.64 Billion INR

Market Cap Rank

#5881 Global

#265 in India

Share Price

Rs2148.30

Change (1 day)

+0.24%

52-Week Range

Rs901.60 - Rs2420.40

All Time High

Rs2420.40