Sal Automotive Balance Sheet Health
Financial Health criteria checks 4/6
Sal Automotive has a total shareholder equity of ₹408.0M and total debt of ₹247.1M, which brings its debt-to-equity ratio to 60.6%. Its total assets and total liabilities are ₹1.3B and ₹860.0M respectively. Sal Automotive's EBIT is ₹86.0M making its interest coverage ratio 5.5. It has cash and short-term investments of ₹40.3M.
Key information
60.6%
Debt to equity ratio
₹247.10m
Debt
| Interest coverage ratio | 5.5x |
| Cash | ₹40.30m |
| Equity | ₹408.00m |
| Total liabilities | ₹860.00m |
| Total assets | ₹1.27b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 539353's short term assets (₹820.5M) exceed its short term liabilities (₹749.7M).
Long Term Liabilities: 539353's short term assets (₹820.5M) exceed its long term liabilities (₹110.3M).
Debt to Equity History and Analysis
Debt Level: 539353's net debt to equity ratio (50.7%) is considered high.
Reducing Debt: 539353's debt to equity ratio has increased from 14.7% to 60.6% over the past 5 years.
Debt Coverage: 539353's debt is well covered by operating cash flow (98.4%).
Interest Coverage: 539353's interest payments on its debt are well covered by EBIT (5.5x coverage).