G N A Axles Balance Sheet Health
Financial Health criteria checks 6/6
G N A Axles has a total shareholder equity of ₹8.5B and total debt of ₹2.5B, which brings its debt-to-equity ratio to 29.8%. Its total assets and total liabilities are ₹13.7B and ₹5.2B respectively. G N A Axles's EBIT is ₹1.4B making its interest coverage ratio 18.6. It has cash and short-term investments of ₹398.5M.
Key information
29.8%
Debt to equity ratio
₹2.53b
Debt
| Interest coverage ratio | 18.6x |
| Cash | ₹398.49m |
| Equity | ₹8.49b |
| Total liabilities | ₹5.21b |
| Total assets | ₹13.70b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 540124's short term assets (₹9.4B) exceed its short term liabilities (₹4.6B).
Long Term Liabilities: 540124's short term assets (₹9.4B) exceed its long term liabilities (₹611.0M).
Debt to Equity History and Analysis
Debt Level: 540124's net debt to equity ratio (25.1%) is considered satisfactory.
Reducing Debt: 540124's debt to equity ratio has reduced from 51.5% to 29.8% over the past 5 years.
Debt Coverage: 540124's debt is well covered by operating cash flow (32.3%).
Interest Coverage: 540124's interest payments on its debt are well covered by EBIT (18.6x coverage).