Happy Forgings Limited Total Liabilities

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

Happy Forgings Limited total liabilities. 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) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Total Liabilities of Happy Forgings Limited (2019–2024)

Total liabilities of Happy Forgings Limited from 2019 to 2024. This chart illustrates how Happy Forgings Limited's total liabilities have evolved over time, based on quarterly financial data.

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
Ratnamani Metals & Tubes Limited NSE:RATNAMANI	India	Rs-42.08 Billion
Emami Limited NSE:EMAMILTD	India	Rs9.14 Billion
Mercuries Life Insurance Co Ltd TW:2867	Taiwan	NT$1.49 Trillion
Outokumpu Oyj HE:OUT1V	Finland	€2.27 Billion
SmartStop Self Storage REIT, Inc. NYSE:SMA	USA	$1.15 Billion
ArcSoft Corp Ltd SHG:688088	China	CN¥364.94 Million
Xinjiang Joinworld Co Ltd SHG:600888	China	CN¥7.50 Billion
NBTM New Materials Group Co Ltd SHG:600114	China	CN¥3.84 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. For the complete balance sheet picture, see Happy Forgings Limited balance sheet assets.

Liquidity & Leverage Metrics

Happy Forgings Limited Total Liabilities Ratios Explained

Happy Forgings Limited total liabilities ratios compare its liabilities with its current assets, cash and shareholder equity.

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

$1.80 Billion

Rs166.66 Billion INR

Market Cap Rank

#6269 Global

#286 in India

Share Price

Rs1766.80

Change (1 day)

+0.80%

52-Week Range

Rs994.40 - Rs2420.40

All Time High

Rs2420.40