Automotive Stampings and Assemblies Balance Sheet Health
Financial Health criteria checks 3/6
Automotive Stampings and Assemblies has a total shareholder equity of ₹4.8M and total debt of ₹420.4M, which brings its debt-to-equity ratio to 8689.3%. Its total assets and total liabilities are ₹2.9B and ₹2.9B respectively. Automotive Stampings and Assemblies's EBIT is ₹337.3M making its interest coverage ratio 2.5. It has cash and short-term investments of ₹40.9M.
Key information
8,689.3%
Debt to equity ratio
₹420.39m
Debt
| Interest coverage ratio | 2.5x |
| Cash | ₹40.93m |
| Equity | ₹4.84m |
| Total liabilities | ₹2.86b |
| Total assets | ₹2.86b |
Recent financial health updates
Recent updates
Automotive Stampings and Assemblies Limited (NSE:ASAL) Soars 34% But It's A Story Of Risk Vs Reward
Jul 05
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's short term assets (₹1.6B) do not cover its short term liabilities (₹2.3B).
Long Term Liabilities: ASAL's short term assets (₹1.6B) exceed its long term liabilities (₹603.8M).
Debt to Equity History and Analysis
Debt Level: ASAL's net debt to equity ratio (7843.4%) is considered high.
Reducing Debt: ASAL had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: ASAL's debt is well covered by operating cash flow (103.6%).
Interest Coverage: ASAL's interest payments on its debt are not well covered by EBIT (2.5x coverage).