Munjal Auto Industries Balance Sheet Health
Financial Health criteria checks 4/6
Munjal Auto Industries has a total shareholder equity of ₹4.0B and total debt of ₹2.8B, which brings its debt-to-equity ratio to 69.4%. Its total assets and total liabilities are ₹12.3B and ₹8.3B respectively. Munjal Auto Industries's EBIT is ₹533.8M making its interest coverage ratio 2.3. It has cash and short-term investments of ₹1.6B.
Key information
69.4%
Debt to equity ratio
₹2.78b
Debt
Interest coverage ratio | 2.3x |
Cash | ₹1.57b |
Equity | ₹4.00b |
Total liabilities | ₹8.31b |
Total assets | ₹12.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 520059's short term assets (₹7.7B) exceed its short term liabilities (₹6.2B).
Long Term Liabilities: 520059's short term assets (₹7.7B) exceed its long term liabilities (₹2.1B).
Debt to Equity History and Analysis
Debt Level: 520059's net debt to equity ratio (30.2%) is considered satisfactory.
Reducing Debt: 520059's debt to equity ratio has increased from 4.7% to 69.4% over the past 5 years.
Debt Coverage: 520059's debt is well covered by operating cash flow (60.7%).
Interest Coverage: 520059's interest payments on its debt are not well covered by EBIT (2.3x coverage).