Eicher Motors Balance Sheet Health
Financial Health criteria checks 5/6
Eicher Motors has a total shareholder equity of ₹159.3B and total debt of ₹4.2B, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are ₹210.6B and ₹51.3B respectively. Eicher Motors's EBIT is ₹34.7B making its interest coverage ratio -25.2. It has cash and short-term investments of ₹17.0B.
Key information
2.6%
Debt to equity ratio
₹4.16b
Debt
Interest coverage ratio | -25.2x |
Cash | ₹17.04b |
Equity | ₹159.31b |
Total liabilities | ₹51.31b |
Total assets | ₹210.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505200's short term assets (₹44.5B) exceed its short term liabilities (₹38.6B).
Long Term Liabilities: 505200's short term assets (₹44.5B) exceed its long term liabilities (₹12.7B).
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 increased from 2.2% to 2.6% over the past 5 years.
Debt Coverage: 505200's debt is well covered by operating cash flow (852.1%).
Interest Coverage: 505200 earns more interest than it pays, so coverage of interest payments is not a concern.