ASK Automotive Balance Sheet Health
Financial Health criteria checks 4/6
ASK Automotive has a total shareholder equity of ₹9.2B and total debt of ₹3.8B, which brings its debt-to-equity ratio to 41.6%. Its total assets and total liabilities are ₹18.5B and ₹9.3B respectively. ASK Automotive's EBIT is ₹3.0B making its interest coverage ratio 9.6. It has cash and short-term investments of ₹29.5M.
Key information
41.6%
Debt to equity ratio
₹3.83b
Debt
| Interest coverage ratio | 9.6x |
| Cash | ₹29.50m |
| Equity | ₹9.21b |
| Total liabilities | ₹9.26b |
| Total assets | ₹18.46b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 544022's short term assets (₹5.7B) exceed its short term liabilities (₹5.6B).
Long Term Liabilities: 544022's short term assets (₹5.7B) exceed its long term liabilities (₹3.7B).
Debt to Equity History and Analysis
Debt Level: 544022's net debt to equity ratio (41.2%) is considered high.
Reducing Debt: Insufficient data to determine if 544022's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 544022's debt is well covered by operating cash flow (105.8%).
Interest Coverage: 544022's interest payments on its debt are well covered by EBIT (9.6x coverage).