Eicher Motors Balance Sheet Health
Financial Health criteria checks 6/6
Eicher Motors has a total shareholder equity of ₹189.8B and total debt of ₹2.6B, which brings its debt-to-equity ratio to 1.4%. Its total assets and total liabilities are ₹243.8B and ₹54.0B respectively. Eicher Motors's EBIT is ₹47.3B making its interest coverage ratio -30.4. It has cash and short-term investments of ₹28.8B.
Key information
1.4%
Debt to equity ratio
₹2.64b
Debt
| Interest coverage ratio | -30.4x |
| Cash | ₹28.83b |
| Equity | ₹189.80b |
| Total liabilities | ₹54.00b |
| Total assets | ₹243.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505200's short term assets (₹58.0B) exceed its short term liabilities (₹38.1B).
Long Term Liabilities: 505200's short term assets (₹58.0B) exceed its long term liabilities (₹15.9B).
Debt to Equity History and Analysis
Debt Level: 505200 has more cash than its total debt.
Reducing Debt: 505200's debt to equity ratio has reduced from 1.7% to 1.4% over the past 5 years.
Debt Coverage: 505200's debt is well covered by operating cash flow (1211.9%).
Interest Coverage: 505200 earns more interest than it pays, so coverage of interest payments is not a concern.