ASK Automotive Limited

NSEI:ASKAUTOLTD Stock Report

Market Cap: ₹86.4b

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 ratio9.6x
Cash₹29.50m
Equity₹9.21b
Total liabilities₹9.26b
Total assets₹18.46b

Recent financial health updates

No updates

Recent updates

ASK Automotive Limited (NSE:ASKAUTOLTD) Just Reported And Analysts Have Been Lifting Their Price Targets

Nov 02
ASK Automotive Limited (NSE:ASKAUTOLTD) Just Reported And Analysts Have Been Lifting Their Price Targets

Earnings Update: Here's Why Analysts Just Lifted Their ASK Automotive Limited (NSE:ASKAUTOLTD) Price Target To ₹464

Aug 01
Earnings Update: Here's Why Analysts Just Lifted Their ASK Automotive Limited (NSE:ASKAUTOLTD) Price Target To ₹464

ASK Automotive Limited's (NSE:ASKAUTOLTD) 26% Jump Shows Its Popularity With Investors

Jul 02
ASK Automotive Limited's (NSE:ASKAUTOLTD) 26% Jump Shows Its Popularity With Investors

Financial Position Analysis

Short Term Liabilities: ASKAUTOLTD's short term assets (₹5.7B) exceed its short term liabilities (₹5.6B).

Long Term Liabilities: ASKAUTOLTD's short term assets (₹5.7B) exceed its long term liabilities (₹3.7B).


Debt to Equity History and Analysis

Debt Level: ASKAUTOLTD's net debt to equity ratio (41.2%) is considered high.

Reducing Debt: Insufficient data to determine if ASKAUTOLTD's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: ASKAUTOLTD's debt is well covered by operating cash flow (105.8%).

Interest Coverage: ASKAUTOLTD's interest payments on its debt are well covered by EBIT (9.6x coverage).


Balance Sheet


Discover healthy companies