Federal-Mogul Goetze (India) Balance Sheet Health
Financial Health criteria checks 6/6
Federal-Mogul Goetze (India) has a total shareholder equity of ₹11.1B and total debt of ₹85.7M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are ₹15.6B and ₹4.5B respectively. Federal-Mogul Goetze (India)'s EBIT is ₹1.4B making its interest coverage ratio -28.3. It has cash and short-term investments of ₹3.8B.
Key information
0.8%
Debt to equity ratio
₹85.66m
Debt
Interest coverage ratio | -28.3x |
Cash | ₹3.77b |
Equity | ₹11.12b |
Total liabilities | ₹4.45b |
Total assets | ₹15.57b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 505744's short term assets (₹9.1B) exceed its short term liabilities (₹4.0B).
Long Term Liabilities: 505744's short term assets (₹9.1B) exceed its long term liabilities (₹425.8M).
Debt to Equity History and Analysis
Debt Level: 505744 has more cash than its total debt.
Reducing Debt: 505744's debt to equity ratio has reduced from 2.8% to 0.8% over the past 5 years.
Debt Coverage: 505744's debt is well covered by operating cash flow (1986.5%).
Interest Coverage: 505744 earns more interest than it pays, so coverage of interest payments is not a concern.