G N A Axles Balance Sheet Health
Financial Health criteria checks 6/6
G N A Axles has a total shareholder equity of ₹7.8B and total debt of ₹2.2B, which brings its debt-to-equity ratio to 27.8%. Its total assets and total liabilities are ₹13.0B and ₹5.3B respectively. G N A Axles's EBIT is ₹1.7B making its interest coverage ratio 21.5. It has cash and short-term investments of ₹447.8M.
Key information
27.8%
Debt to equity ratio
₹2.16b
Debt
Interest coverage ratio | 21.5x |
Cash | ₹447.84m |
Equity | ₹7.75b |
Total liabilities | ₹5.27b |
Total assets | ₹13.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540124's short term assets (₹9.3B) exceed its short term liabilities (₹5.0B).
Long Term Liabilities: 540124's short term assets (₹9.3B) exceed its long term liabilities (₹250.9M).
Debt to Equity History and Analysis
Debt Level: 540124's net debt to equity ratio (22%) is considered satisfactory.
Reducing Debt: 540124's debt to equity ratio has reduced from 42.2% to 27.8% over the past 5 years.
Debt Coverage: 540124's debt is well covered by operating cash flow (36.1%).
Interest Coverage: 540124's interest payments on its debt are well covered by EBIT (21.5x coverage).