Automotive Axles Balance Sheet Health
Financial Health criteria checks 6/6
Automotive Axles has a total shareholder equity of ₹9.0B and total debt of ₹0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ₹12.2B and ₹3.3B respectively. Automotive Axles's EBIT is ₹1.9B making its interest coverage ratio -17.7. It has cash and short-term investments of ₹723.5M.
Key information
0%
Debt to equity ratio
₹0
Debt
| Interest coverage ratio | -17.7x |
| Cash | ₹723.49m |
| Equity | ₹8.97b |
| Total liabilities | ₹3.28b |
| Total assets | ₹12.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505010's short term assets (₹9.7B) exceed its short term liabilities (₹2.9B).
Long Term Liabilities: 505010's short term assets (₹9.7B) exceed its long term liabilities (₹334.3M).
Debt to Equity History and Analysis
Debt Level: 505010 is debt free.
Reducing Debt: 505010 has no debt compared to 5 years ago when its debt to equity ratio was 11.4%.
Debt Coverage: 505010 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 505010 has no debt, therefore coverage of interest payments is not a concern.