CIE Automotive India Balance Sheet Health
Financial Health criteria checks 6/6
CIE Automotive India has a total shareholder equity of ₹62.0B and total debt of ₹4.8B, which brings its debt-to-equity ratio to 7.8%. Its total assets and total liabilities are ₹96.8B and ₹34.9B respectively. CIE Automotive India's EBIT is ₹11.0B making its interest coverage ratio 23.6. It has cash and short-term investments of ₹6.6B.
Key information
7.8%
Debt to equity ratio
₹4.81b
Debt
| Interest coverage ratio | 23.6x |
| Cash | ₹6.56b |
| Equity | ₹61.96b |
| Total liabilities | ₹34.87b |
| Total assets | ₹96.83b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532756's short term assets (₹33.8B) exceed its short term liabilities (₹29.0B).
Long Term Liabilities: 532756's short term assets (₹33.8B) exceed its long term liabilities (₹5.9B).
Debt to Equity History and Analysis
Debt Level: 532756 has more cash than its total debt.
Reducing Debt: 532756's debt to equity ratio has reduced from 34.2% to 7.8% over the past 5 years.
Debt Coverage: 532756's debt is well covered by operating cash flow (34.4%).
Interest Coverage: 532756's interest payments on its debt are well covered by EBIT (23.6x coverage).