Bajaj Auto Balance Sheet Health
Financial Health criteria checks 5/6
Bajaj Auto has a total shareholder equity of ₹289.6B and total debt of ₹17.9B, which brings its debt-to-equity ratio to 6.2%. Its total assets and total liabilities are ₹393.4B and ₹103.8B respectively. Bajaj Auto's EBIT is ₹102.4B making its interest coverage ratio 107.5. It has cash and short-term investments of ₹63.0B.
Key information
6.2%
Debt to equity ratio
₹17.86b
Debt
| Interest coverage ratio | 107.5x |
| Cash | ₹62.99b |
| Equity | ₹289.62b |
| Total liabilities | ₹103.81b |
| Total assets | ₹393.44b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 532977's short term assets (₹118.0B) exceed its short term liabilities (₹90.9B).
Long Term Liabilities: 532977's short term assets (₹118.0B) exceed its long term liabilities (₹12.9B).
Debt to Equity History and Analysis
Debt Level: 532977 has more cash than its total debt.
Reducing Debt: 532977's debt to equity ratio has increased from 0% to 6.2% over the past 5 years.
Debt Coverage: 532977's debt is well covered by operating cash flow (367.2%).
Interest Coverage: 532977's interest payments on its debt are well covered by EBIT (107.5x coverage).