Omax Autos Balance Sheet Health
Financial Health criteria checks 4/6
Omax Autos has a total shareholder equity of ₹2.8B and total debt of ₹1.1B, which brings its debt-to-equity ratio to 37.6%. Its total assets and total liabilities are ₹4.6B and ₹1.8B respectively. Omax Autos's EBIT is ₹198.0M making its interest coverage ratio 1. It has cash and short-term investments of ₹266.9M.
Key information
37.6%
Debt to equity ratio
₹1.06b
Debt
Interest coverage ratio | 1x |
Cash | ₹266.90m |
Equity | ₹2.81b |
Total liabilities | ₹1.78b |
Total assets | ₹4.60b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 520021's short term assets (₹919.9M) do not cover its short term liabilities (₹949.4M).
Long Term Liabilities: 520021's short term assets (₹919.9M) exceed its long term liabilities (₹834.5M).
Debt to Equity History and Analysis
Debt Level: 520021's net debt to equity ratio (28.1%) is considered satisfactory.
Reducing Debt: 520021's debt to equity ratio has reduced from 52.1% to 37.6% over the past 5 years.
Debt Coverage: 520021's debt is well covered by operating cash flow (38.7%).
Interest Coverage: 520021's interest payments on its debt are not well covered by EBIT (1x coverage).