Automotive Stampings and Assemblies Balance Sheet Health
Financial Health criteria checks 1/6
Automotive Stampings and Assemblies has a total shareholder equity of ₹-195.9M and total debt of ₹865.4M, which brings its debt-to-equity ratio to -441.8%. Its total assets and total liabilities are ₹2.7B and ₹2.9B respectively. Automotive Stampings and Assemblies's EBIT is ₹299.8M making its interest coverage ratio 2.3. It has cash and short-term investments of ₹39.0M.
Key information
-441.8%
Debt to equity ratio
₹865.38m
Debt
| Interest coverage ratio | 2.3x |
| Cash | ₹38.97m |
| Equity | -₹195.87m |
| Total liabilities | ₹2.86b |
| Total assets | ₹2.67b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 520119 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 520119 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 520119 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 520119's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: 520119's debt is well covered by operating cash flow (26.4%).
Interest Coverage: 520119's interest payments on its debt are not well covered by EBIT (2.3x coverage).