CIE Automotive India Balance Sheet Health
Financial Health criteria checks 6/6
CIE Automotive India has a total shareholder equity of ₹59.9B and total debt of ₹8.0B, which brings its debt-to-equity ratio to 13.4%. Its total assets and total liabilities are ₹97.6B and ₹37.7B respectively. CIE Automotive India's EBIT is ₹11.8B making its interest coverage ratio 11. It has cash and short-term investments of ₹10.2B.
Key information
13.4%
Debt to equity ratio
₹8.03b
Debt
Interest coverage ratio | 11x |
Cash | ₹10.20b |
Equity | ₹59.88b |
Total liabilities | ₹37.74b |
Total assets | ₹97.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532756's short term assets (₹31.5B) exceed its short term liabilities (₹31.0B).
Long Term Liabilities: 532756's short term assets (₹31.5B) exceed its long term liabilities (₹6.7B).
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 37.6% to 13.4% over the past 5 years.
Debt Coverage: 532756's debt is well covered by operating cash flow (172.2%).
Interest Coverage: 532756's interest payments on its debt are well covered by EBIT (11x coverage).