Automotive Stampings and Assemblies Balance Sheet Health
Financial Health criteria checks 1/6
Automotive Stampings and Assemblies has a total shareholder equity of ₹-73.7M and total debt of ₹459.9M, which brings its debt-to-equity ratio to -624%. Its total assets and total liabilities are ₹2.8B and ₹2.9B respectively. Automotive Stampings and Assemblies's EBIT is ₹345.0M making its interest coverage ratio 2.3. It has cash and short-term investments of ₹18.8M.
Key information
-624.0%
Debt to equity ratio
₹459.93m
Debt
Interest coverage ratio | 2.3x |
Cash | ₹18.80m |
Equity | -₹73.70m |
Total liabilities | ₹2.92b |
Total assets | ₹2.85b |
Recent financial health updates
Recent updates
Automotive Stampings and Assemblies' (NSE:ASAL) Strong Earnings Are Of Good Quality
May 13Further Upside For Automotive Stampings and Assemblies Limited (NSE:ASAL) Shares Could Introduce Price Risks After 41% Bounce
Apr 13Even With A 36% Surge, Cautious Investors Are Not Rewarding Automotive Stampings and Assemblies Limited's (NSE:ASAL) Performance Completely
Feb 25It's A Story Of Risk Vs Reward With Automotive Stampings and Assemblies Limited (NSE:ASAL)
Jun 29Calculating The Intrinsic Value Of Automotive Stampings and Assemblies Limited (NSE:ASAL)
Feb 10Financial Position Analysis
Short Term Liabilities: ASAL has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ASAL has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: ASAL has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ASAL's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: ASAL's debt is well covered by operating cash flow (67.7%).
Interest Coverage: ASAL's interest payments on its debt are not well covered by EBIT (2.3x coverage).