Atul Auto Balance Sheet Health
Financial Health criteria checks 4/6
Atul Auto has a total shareholder equity of ₹4.3B and total debt of ₹1.4B, which brings its debt-to-equity ratio to 33.7%. Its total assets and total liabilities are ₹6.6B and ₹2.3B respectively. Atul Auto's EBIT is ₹337.0M making its interest coverage ratio 3.5. It has cash and short-term investments of ₹453.1M.
Key information
33.7%
Debt to equity ratio
₹1.44b
Debt
| Interest coverage ratio | 3.5x |
| Cash | ₹453.10m |
| Equity | ₹4.29b |
| Total liabilities | ₹2.27b |
| Total assets | ₹6.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 531795's short term assets (₹2.6B) exceed its short term liabilities (₹1.6B).
Long Term Liabilities: 531795's short term assets (₹2.6B) exceed its long term liabilities (₹695.8M).
Debt to Equity History and Analysis
Debt Level: 531795's net debt to equity ratio (23.1%) is considered satisfactory.
Reducing Debt: 531795's debt to equity ratio has increased from 0.4% to 33.7% over the past 5 years.
Debt Coverage: 531795's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 531795's interest payments on its debt are well covered by EBIT (3.5x coverage).