Munjal Auto Industries Balance Sheet Health
Financial Health criteria checks 3/6
Munjal Auto Industries has a total shareholder equity of ₹4.2B and total debt of ₹1.3B, which brings its debt-to-equity ratio to 31.1%. Its total assets and total liabilities are ₹12.8B and ₹8.6B respectively. Munjal Auto Industries's EBIT is ₹642.1M making its interest coverage ratio 2.9. It has cash and short-term investments of ₹1.5B.
Key information
31.1%
Debt to equity ratio
₹1.31b
Debt
| Interest coverage ratio | 2.9x |
| Cash | ₹1.48b |
| Equity | ₹4.21b |
| Total liabilities | ₹8.56b |
| Total assets | ₹12.77b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 520059's short term assets (₹8.0B) exceed its short term liabilities (₹6.3B).
Long Term Liabilities: 520059's short term assets (₹8.0B) exceed its long term liabilities (₹2.2B).
Debt to Equity History and Analysis
Debt Level: 520059 has more cash than its total debt.
Reducing Debt: 520059's debt to equity ratio has increased from 30.5% to 31.1% over the past 5 years.
Debt Coverage: 520059's debt is not well covered by operating cash flow (7.5%).
Interest Coverage: 520059's interest payments on its debt are not well covered by EBIT (2.9x coverage).