Goodyear India Balance Sheet Health
Financial Health criteria checks 5/6
Goodyear India has a total shareholder equity of ₹6.2B and total debt of ₹71.2M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are ₹13.0B and ₹6.8B respectively. Goodyear India's EBIT is ₹1.7B making its interest coverage ratio -33.3. It has cash and short-term investments of ₹2.5B.
Key information
1.1%
Debt to equity ratio
₹71.20m
Debt
Interest coverage ratio | -33.3x |
Cash | ₹2.50b |
Equity | ₹6.23b |
Total liabilities | ₹6.79b |
Total assets | ₹13.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 500168's short term assets (₹8.5B) exceed its short term liabilities (₹6.5B).
Long Term Liabilities: 500168's short term assets (₹8.5B) exceed its long term liabilities (₹338.1M).
Debt to Equity History and Analysis
Debt Level: 500168 has more cash than its total debt.
Reducing Debt: 500168's debt to equity ratio has increased from 0% to 1.1% over the past 5 years.
Debt Coverage: 500168's debt is well covered by operating cash flow (2163.6%).
Interest Coverage: 500168 earns more interest than it pays, so coverage of interest payments is not a concern.